The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find 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.

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.

Laureate Education (LAUR Quick QuoteLAUR - Free Report) is a stock many investors are watching right now. LAUR is currently sporting a Zacks Rank of #1 (Strong Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 12.39, which compares to its industry's average of 14.91. Over the last 12 months, LAUR's Forward P/E has been as high as 13.71 and as low as 9.90, with a median of 11.29.

Another notable valuation metric for LAUR is its P/B ratio of 3.12. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 3.47. Over the past year, LAUR's P/B has been as high as 3.32 and as low as 2.22, with a median of 2.63.

These are just a handful of the figures considered in Laureate Education'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 LAUR is an impressive value stock right now.