Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.

Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.

Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.

Triton International (TRTN) is a stock many investors are watching right now. TRTN is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock is trading with P/E ratio of 7.92 right now. For comparison, its industry sports an average P/E of 14.88. Over the past year, TRTN's Forward P/E has been as high as 9.09 and as low as 5.77, with a median of 7.79.

Investors will also notice that TRTN has a PEG ratio of 0.79. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. TRTN's industry currently sports an average PEG of 0.90. Within the past year, TRTN's PEG has been as high as 0.91 and as low as 0.58, with a median of 0.78.

Finally, we should also recognize that TRTN has a P/CF ratio of 4.28. 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. This company's current P/CF looks solid when compared to its industry's average P/CF of 4.93. TRTN's P/CF has been as high as 4.53 and as low as 2.12, with a median of 3.03, all within the past year.

These figures are just a handful of the metrics value investors tend to look at, but they help show that Triton International is likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, TRTN feels like a great value stock at the moment.

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