 Understanding Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that companys future growth prospects. Low PE multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.The following stocks are considered to be notable value stocks in the communication services sector: 1. Lee Enterprises NYSE: LEE - PE: 8.02 2. Jiayin Gr NASDAQ: JFIN - PE: 4.46 3. Criteo NASDAQ: CRTO - PE: 9.83 4. AMC Networks NASDAQ: AMCX - PE: 4.6 5. Discovery NASDAQ: DISCA - PE: 7.29Lee Enterprises saw a decrease in earnings per share from 0.07 in Q1 to -0.09 now. Lee Enterprises does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.Most recently, Jiayin Gr reported earnings per share at 0.03, whereas in Q4 earnings per share sat at 0.08. Jiayin Gr does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.Most recently, Criteo reported earnings per share at 0.52, whereas in Q4 earnings per share sat at 1.08. Criteo does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.AMC Networks saw a decrease in earnings per share from 1.69 in Q4 to 1.47 now. AMC Networks does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.Discovery has reported Q1 earnings per share at 0.87, which has decreased by 11.22 compared to Q4, which was 0.98. Discovery does not have a dividend yield, which investors should be aware of when considering holding onto such a stock.The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.See more from Benzinga 5 Value Stocks In The Healthcare Sector Overview Of Value Stocks In The Real Estate Sector ROCE Insights For Zoom Video CommunicationsC 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. 