Investors interested in Financial - Investment Management stocks are likely familiar with Federated Hermes (FHI) and BrightSphere Investment Group (BSIG). But which of these two stocks presents investors with the better value opportunity right now? Let's 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 proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits.Right now, Federated Hermes is sporting a Zacks Rank of #2 (Buy), while BrightSphere Investment Group has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that FHI has an improving earnings outlook. But this is just one piece of the puzzle for value investors.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 grades stocks based on a number of key metrics, including the tried-and-true P/E ratio, the P/S ratio, earnings yield, and cash flow per share, as well as a variety of other fundamentals that value investors frequently use.FHI currently has a forward P/E ratio of 9.10, while BSIG has a forward P/E of 10.68. We also note that FHI has a PEG ratio of 0.74. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. BSIG currently has a PEG ratio of 3.47.Another notable valuation metric for FHI is its P/B ratio of 2.38. 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. For comparison, BSIG has a P/B of 5.39.Based on these metrics and many more, FHI holds a Value grade of A, while BSIG has a Value grade of C.FHI stands above BSIG thanks to its solid earnings outlook, and based on these valuation figures, we also feel that FHI is the superior value 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 Federated Hermes, Inc. (FHI): Free Stock Analysis Report BrightSphere Investment Group Inc. (BSIG): Free Stock Analysis Report To read this article on Zacks.com click here.