PEG Ratio = Price/Earnings Annual EPS Growth {\displaystyle {\mbox{PEG Ratio}}\,=\,{\frac {\mbox{Price/Earnings}}{\mbox{Annual EPS Growth}}}}. The growth rate is expressed as a percentage divided by 100%, and should use real growth only, to correct for inflation.
A chemist named Hans Schwarzkopf founded the company in 1898. He invented and marketed the first powder shampoo. Driven by his passion for hair and his vision for the industry he also founded a hairdressing academy in 1927. chemist named Hans Schwarzkopf founded the company in 1898. He invented and marketed the first powder shampoo. Driven by his passion for hair and his vision for the industry he also founded a hairdressing academy in 1927.
But it was the great rivalry between two women in America that made the industry what it is today. Elizabeth Arden opened the first modern beauty salon in 1910, followed a few years later by Helena Rubinstein, a Polish immigrant. The two took cosmetics out of household pots and pans and into the modern era.