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 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.

One company to watch right now is Taseko Mines Limited (TGB). TGB is currently holding a Zacks Rank of #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 12.72. This compares to its industry's average Forward P/E of 13.09. Over the past 52 weeks, TGB's Forward P/E has been as high as 25.91 and as low as 10.12, with a median of 15.98.

Value investors also use the P/S ratio. The P/S ratio is is calculated as price divided by sales. This is a popular metric because sales are harder to manipulate on an income statement, so they are often considered a better performance indicator. TGB has a P/S ratio of 1.68. This compares to its industry's average P/S of 2.75.

Finally, our model also underscores that TGB has a P/CF ratio of 7.39. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 21.15. Within the past 12 months, TGB's P/CF has been as high as 9.55 and as low as 3.74, with a median of 6.44.

These figures are just a handful of the metrics value investors tend to look at, but they help show that Taseko Mines Limited is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, TGB feels like a great value stock at the moment.

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