Tipylja,
 
<!DOCTYPE html>
<html>
<head>
  <title>Untitled</title>
  <meta charset="utf-8">
  <style type="text/css">
  </style>
  <script src="https://ajax.googleapis.com/ajax/libs/jquery/1.12.4/jquery.min.js"></script>
  <script>
$(function() {
  $(".colorValue").html(function(i,html){
       return $("<img/>",{src: html.toLowerCase()+".png"})
       });
});
  </script>
</head>
<body>
<label for="filterOne__0" class='colorValue'>Red</label>
<label for="filterOne__0" class='colorValue'>Blue</label>
<label for="filterOne__0" class='colorValue'>Green</label>
</body>
</html>