Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

On top of the Zacks Rank, investors can also look at our innovative Style Scores system to find stocks with specific traits. For example, value investors will want to focus on the "Value" category. Stocks with high Zacks Ranks and "A" grades for Value will be some of the highest-quality value stocks on the market today.

One company value investors might notice is Orbia Advance (MXCHY Quick QuoteMXCHY - Free Report) . MXCHY is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock holds a P/E ratio of 8.83, while its industry has an average P/E of 24.26. Over the past 52 weeks, MXCHY's Forward P/E has been as high as 11.45 and as low as 7.05, with a median of 9.13.

We should also highlight that MXCHY has a P/B ratio of 1.39. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. MXCHY's current P/B looks attractive when compared to its industry's average P/B of 3.15. MXCHY's P/B has been as high as 1.78 and as low as 1.02, with a median of 1.41, over the past year.

These are only a few of the key metrics included in Orbia Advance's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, MXCHY looks like an impressive value stock at the moment.