Identifying Value Investing Strategy

In the context of active equity investing, a portfolio manager employs various fundamental strategies to select stocks that will outperform the market. One approach involves analyzing a company's financial statements and market position to identify undervalued stocks. The manager is considering three different fundamental strategies for constructing a long-only equity portfolio.

Strategy A focuses on growth investing, targeting companies with strong earnings growth potential regardless of their current valuation metrics. Strategy B emphasizes value investing, seeking to identify companies that are undervalued based on financial ratios relative to their peers. Strategy C is a momentum-based approach that seeks to capitalize on existing trends in stock price movements.

Which fundamental strategy is most likely to align with the principles of value investing?