import operator

def sort_dict_byval(data):
    '''
    Usage: sort_dict_byval(dict_data)
    Sample:
        data = {1: "C", 2: "A", 3: "B", 4: "E"}

        print data
        # Output: {1: 'C', 2: 'A', 3: 'B', 4: 'E'}

        print sort_dict_byval(data)
        # Output: [(2, 'A'), (3, 'B'), (1, 'C'), (4, 'E')]
    '''
    return sorted(data.items(), key=operator.itemgetter(1))