The Globe and Mail reports in its Monday edition that Canadian value stocks have been on a roll in recent months. Globe columnist Norman Rothery writes that the rebound helped his Screaming Value portfolio jump 84 per cent from the end of September, 2022, through to the end of 2024. In comparison, the S&P/TSX Composite Index gained 59 per cent over the same period. The portfolio's recent gains boosted its average annual returns to 14.5 per cent over the 25 years through to the end of 2024. The market index trailed with average annual gains of 7.2 per cent over the same period. The Screaming Value portfolio looks for value by starting with the largest 300 common stocks on the Toronto Stock Exchange by market capitalization. It then invests an equal-dollar amount into the 10 stocks with the lowest EV/EBIT ratios each month. Put simply, enterprise value, or EV, is the market value of a company's equity plus its net debt, while EBIT is an abbreviation for earnings before interest and taxes. The portfolio holds a fixed number of stocks but the EV/EBITs of the stocks it holds varies over time. Alternately, investors can employ a fixed-ratio test while allowing the number of stocks in the portfolio to vary over time.