Though value investors have been some of the most successful investors out there, finding good stocks at bargain prices is far from easy. Though markets aren't as efficient as some university professors may tell you, they generally do a pretty good job pricing stocks. So while there are good deals out there, you're going to have to break a bit of a mental sweat if you want to make sure that you're investing in the stock equivalent of Brad Pitt, not Kato Kaelin.

Fortunately for us, in the search for stock market values, we have the 140,000 members of The Motley Fool's CAPS communityvoting on which stocks are true stars and which are just posers. To gather ideas I've dug up a handful of companies valued at less than twice their book value-- a measure often used by value investors. Below is a selection from the array of companies that fall into this category, but you can also run the same screenthat I did on the CAPS screener.

Company

Book Value Multiple

1-Year Stock Performance

CAPS Rating
(out of 5)

Western Refining (NYSE: WNR)

0.7

(7.6%)

****

Time Warner (NYSE: TWX)

1.0

9.8%

**

Toll Brothers (NYSE: TOL)

1.2

(6.1%)

*

Huntsman Corp. (NYSE: HUN)

1.3

(16.8%)

*****

Wells Fargo (NYSE: WFC)

1.6 Continued...