Most of the stocks that have become undervalued are those that have been ignored by the market for some time because they have small float for trading or hardly followed by analysts.
BDO Leasing and Finance (BLFI) is one example of value investing. This stock has been trading below its book value with average P/BV ratio of 0.92x for the past five years while earnings have consistently grown by an average of 16 percent per year. This year, BLFI has captured the interest of investors and its share price has gained 70 percent to date that is almost double its book value.