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.

Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these stocks.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

Cap Gemini (CGEMY Quick QuoteCGEMY - Free Report) is a stock many investors are watching right now. CGEMY is currently sporting a Zacks Rank #2 (Buy), as well as a Value grade of A. The stock is trading with a P/E ratio of 10.75, which compares to its industry's average of 18.18. Over the last 12 months, CGEMY's Forward P/E has been as high as 16.22 and as low as 10.56, with a median of 12.91.

We should also highlight that CGEMY has a P/B ratio of 1.96. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This stock's P/B looks attractive against its industry's average P/B of 2.78. CGEMY's P/B has been as high as 3.28 and as low as 1.79, with a median of 2.25, over the past year.

These are just a handful of the figures considered in Cap Gemini's great Value grade. Still, they help show that the stock is likely being undervalued at the moment. Add this to the strength of its earnings outlook, and we can clearly see that CGEMY is an impressive value stock right now.