Society notice (1890) In the 19th century a number of groups in Britain actively promoted and followed meat-free diets. Key groups involved in the formation of the Vegetarian Society were members of the Bible Christian Church, supporters of the Concordium, and readers of the Truth-Tester journal.
What is the PEG ratio used for? The PEG ratio is used to figure out whether a stock price is over or undervalued based on the growth patterns of the business in its industry. Itâs a value calculation to see what the company is actually worth regardless of what the stock is currently trading for.
Also, when compared with more detailed discounted cash flow analyses, the PEG ratio tends to undervalue companies with extremely high, almost exponential growth ratesâsuch as those above 100%. So, like most other valuation metrics in finance, the PEG ratio is not a âbe all and end allâ measure, but it does provide a quick and dirty yardstick for identifying potentially under- or overvalued securities.