While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.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.In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment.One company value investors might notice is Dillard's (DDS). DDS is currently holding a Zacks Rank of #1 (Strong Buy) and a Value grade of A.DDS is also sporting a PEG ratio of 0.69. 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. DDS's industry has an average PEG of 1.03 right now. Within the past year, DDS's PEG has been as high as 0.69 and as low as 0.47, with a median of 0.61.Another valuation metric that we should highlight is DDS's P/B ratio of 2.52. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities. This company's current P/B looks solid when compared to its industry's average P/B of 2.71. Within the past 52 weeks, DDS's P/B has been as high as 2.58 and as low as 0.38, with a median of 0.98.Finally, we should also recognize that DDS has a P/CF ratio of 8.69. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued based on their solid cash outlook. DDS's P/CF compares to its industry's average P/CF of 10.75. Over the past 52 weeks, DDS's P/CF has been as high as 15.93 and as low as 4.47, with a median of 7.93.Value investors will likely look at more than just these metrics, but the above data helps show that Dillard's is likely undervalued currently. And when considering the strength of its earnings outlook, DDS sticks out at as one of the market's strongest value stocks. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks 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 Dillards, Inc. (DDS): Free Stock Analysis Report To read this article on Zacks.com click here.