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.
A rule of thumb is that, even if a companyâs P/E is above average for the market, a stock is reasonably priced, or even undervalued, if the P/E is lower than the companyâs expected earnings growth rate over the next three to five years. The P/E-to-growth-rate (or PEG) ratio measures this relationship. Youâll rarely find a PEG ratio below 1.0 for companies that are growing superfast, such as Facebook, because their P/Es are so high. But a PEG ratio below, say, 1.5 indicates that a stock may be a bargain.