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.

Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

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 Teladoc Health (TDOC). TDOC is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A.

Investors should also recognize that TDOC has a P/B ratio of 1.08. 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. TDOC's current P/B looks attractive when compared to its industry's average P/B of 2.58. Over the past year, TDOC's P/B has been as high as 1.59 and as low as 0.72, with a median of 1.05.

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. TDOC has a P/S ratio of 0.62. This compares to its industry's average P/S of 1.22.

Finally, investors should note that TDOC has a P/CF ratio of 8.03. This data point considers a firm's operating cash flow and is frequently used to find companies that are undervalued when considering their solid cash outlook. TDOC's current P/CF looks attractive when compared to its industry's average P/CF of 19.28. Over the past year, TDOC's P/CF has been as high as 35.30 and as low as 6.26, with a median of 11.02.

These are just a handful of the figures considered in Teladoc Health'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 TDOC is an impressive value stock right now.

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Teladoc Health, Inc. (TDOC) : Free Stock Analysis Report

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