This thesis compares the success of value and growth investing strategies from 2007 to 2018. Price-to-book ratio is used as a proxy of value versus growth to measure the effectiveness of each strategy. The time period is selected to include the market crash caused by the housing crisis in 2007-2008 as well as a stable market time period, allowing for the effectiveness of the two trading strategies to be tested in multiple scenarios. Based on this research, it is clear that value investing outperforms growth investing. There is also evidence that the market disruption of 2007-2009 impacted the effectiveness of both value and growth investing strategies.