Core Viewpoint - The article emphasizes the importance of value investing, highlighting companies that are undervalued by the market and using metrics like P/E and P/B ratios to identify strong investment opportunities [2][4][5]. Group 1: Cathay Pacific Airways (CPCAY) - Cathay Pacific Airways currently has a Zacks Rank of 2 (Buy) and an A grade for Value, indicating strong potential for value investors [4]. - The stock has a P/E ratio of 8.18, significantly lower than the industry average of 12.45, suggesting it may be undervalued [4]. - Over the past 12 months, CPCAY's Forward P/E has fluctuated between 5.56 and 9.84, with a median of 7.77, further indicating its valuation dynamics [4]. - CPCAY's P/B ratio stands at 1.37, compared to the industry average of 3.76, reinforcing its attractiveness as a value stock [5]. - The P/B ratio has ranged from 0.82 to 1.51 over the past year, with a median of 1.21, showcasing its relative valuation stability [5]. Group 2: Japan Airlines (JAPSY) - Japan Airlines is rated as a Zacks Rank 1 (Strong Buy) stock with an A Value Score, making it another appealing option for value investors [6]. - The P/B ratio for Japan Airlines is 1.40, which is also lower than the industry average of 3.76, indicating potential undervaluation [6]. - Over the past year, JAPSY's P/B ratio has varied between 1.01 and 1.41, with a median of 1.15, reflecting its valuation trends [6]. Group 3: Overall Value Assessment - Both Cathay Pacific Airways and Japan Airlines exhibit strong value characteristics, suggesting they are currently undervalued in the market [7]. - The combination of low P/E and P/B ratios, along with positive earnings outlooks, positions these stocks as impressive value opportunities [7].