Investors looking for stocks in the Retail - Apparel and Shoes sector might want to consider either XCel Brands (XELB) or 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.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.Currently, XCel Brands has a Zacks Rank of #2 (Buy), while Canada Goose has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that XELB likely has seen a stronger improvement to its earnings outlook than GOOS has recently. However, value investors will care about much more than just this.Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.XELB currently has a forward P/E ratio of 3.22, while GOOS has a forward P/E of 27.26. We also note that XELB has a PEG ratio of 0.32. 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 0.96.Another notable valuation metric for XELB is its P/B ratio of 0.24. Investors use the P/B ratio to look at a stock's market value versus its book value, which is defined as total assets minus total liabilities. By comparison, GOOS has a P/B of 12.40.These metrics, and several others, help XELB earn a Value grade of A, while GOOS has been given a Value grade of D.XELB sticks out from GOOS in both our Zacks Rank and Style Scores models, so value investors will likely feel that XELB 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 Xcel Brands, Inc (XELB): Free Stock Analysis Report Canada Goose Holdings Inc. (GOOS): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research