While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.

Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the market at large.

Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.

One stock to keep an eye on is Britvic PLC Sponsored ADR (BTVCY Quick QuoteBTVCY - Free Report) . BTVCY is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 15.69, while its industry has an average P/E of 22.82. Over the past year, BTVCY's Forward P/E has been as high as 19.69 and as low as 12.58, with a median of 15.70.

We should also highlight that BTVCY has a P/B ratio of 6.56. 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. This stock's P/B looks attractive against its industry's average P/B of 8.69. Over the past year, BTVCY's P/B has been as high as 7.13 and as low as 5.12, with a median of 5.97.

Value investors will likely look at more than just these metrics, but the above data helps show that Britvic PLC Sponsored ADR is likely undervalued currently. And when considering the strength of its earnings outlook, BTVCY sticks out at as one of the market's strongest value stocks.