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 tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.

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 China Coal Energy (CCOZY). CCOZY is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A. The stock has a Forward P/E ratio of 6.65. This compares to its industry's average Forward P/E of 8.13. Over the past 52 weeks, CCOZY's Forward P/E has been as high as 6.78 and as low as 3.79, with a median of 5.20.

We should also highlight that CCOZY has a P/B ratio of 0.68. The P/B is a method of comparing a stock's market value to 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 1.57. Over the past year, CCOZY's P/B has been as high as 0.69 and as low as 0.41, with a median of 0.51.

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. CCOZY has a P/S ratio of 0.73. This compares to its industry's average P/S of 0.94.

These are just a handful of the figures considered in China Coal Energy'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 CCOZY is an impressive value stock right now.

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China Coal Energy Co. (CCOZY):Free Stock Analysis Report

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