Investors interested in Retail - Apparel and Shoes stocks are likely familiar with Foot Locker (FL) and Canada Goose (GOOS). But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank is a proven strategy that targets companies with positive earnings estimate revision trends, while our Style Scores work to grade companies based on specific traits.Currently, Foot Locker has a Zacks Rank of #1 (Strong Buy), while Canada Goose has a Zacks Rank of #2 (Buy). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that FL has an improving earnings outlook. But this is just one piece of the puzzle for value investors.Value investors are also interested in a number of tried-and-true valuation metrics that help show when a company is undervalued at its current share price levels.The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value.FL currently has a forward P/E ratio of 11.65, while GOOS has a forward P/E of 53.25. We also note that FL has a PEG ratio of 1.27. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. GOOS currently has a PEG ratio of 1.70.Another notable valuation metric for FL is its P/B ratio of 2.71. 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. By comparison, GOOS has a P/B of 19.14.These are just a few of the metrics contributing to FL's Value grade of A and GOOS's Value grade of D.FL sticks out from GOOS in both our Zacks Rank and Style Scores models, so value investors will likely feel that FL is the better option right now.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Foot Locker, Inc. (FL): Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report To read this article on Zacks.com click here.