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Investors with an interest in Technology Services stocks have likely encountered both Gen Digital (GEN) and Trane Technologies (TT). 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.

Currently, Gen Digital has a Zacks Rank of #2 (Buy), while Trane Technologies has a Zacks Rank of #3 (Hold). Investors should feel comfortable knowing that GEN likely has seen a stronger improvement to its earnings outlook than TT has recently. But this is just one piece of the puzzle for value investors.

Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its 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.

GEN currently has a forward P/E ratio of 11.10, while TT has a forward P/E of 32.30. We also note that GEN has a PEG ratio of 1.09. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. TT currently has a PEG ratio of 2.69.

Another notable valuation metric for GEN is its P/B ratio of 7.22. 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, TT has a P/B of 11.07.

These metrics, and several others, help GEN earn a Value grade of A, while TT has been given a Value grade of C.

GEN is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that GEN is likely the superior value option right now.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.