Investors interested in stocks from the REIT and Equity Trust - Other sector have probably already heard of Geo Group (GEO) and Industrial Logistics Properties Trust (ILPT). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings estimates and estimate revisions, while our Style Scores work to identify stocks with specific traits.Currently, Geo Group has a Zacks Rank of #2 (Buy), while Industrial Logistics Properties Trust has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that GEO has an improving earnings outlook. But this is just one piece of the puzzle for value investors.Value investors analyze a variety of traditional, tried-and-true metrics to help find companies that they believe are undervalued at their current share price levels.Our Value category highlights undervalued companies by looking at a variety of key metrics, including the popular P/E ratio, as well as the P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that have been used by value investors for years.GEO currently has a forward P/E ratio of 2.88, while ILPT has a forward P/E of 13.81. We also note that GEO has a PEG ratio of 0.29. 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. ILPT currently has a PEG ratio of 5.85.Another notable valuation metric for GEO is its P/B ratio of 0.92. 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, ILPT has a P/B of 1.71.These metrics, and several others, help GEO earn a Value grade of A, while ILPT has been given a Value grade of C.GEO sticks out from ILPT in both our Zacks Rank and Style Scores models, so value investors will likely feel that GEO is the better option right now. Tech IPOs With Massive Profit Potential: Last years top IPOs surged as much as 299% within the first two months. With record amounts of cash flooding into IPOs and a record-setting stock market, this year could be even more lucrative. See Zacks’ Hottest Tech IPOs Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Geo Group Inc The (GEO): Free Stock Analysis Report Industrial Logistics Properties Trust (ILPT): Free Stock Analysis Report To read this article on Zacks.com click here.