Even though no final conclusion is currently warranted, a number of research papers, including those of Fama and French, have argued that:.
a. there is no noticeable difference in the returns of growth versus value stocks.
b. growth stocks outperform value stocks.
c. stocks with high book-value-to-stock-price ratios outperform stocks with low ratios.
d. no observable differences in returns can be associated with varying price-earnings ratios.
e. stocks with low earnings-to-price ratios outperform stocks with high ratios.