A value investor buys assets that they believe to be undervalued (and sells overvalued ones). "The Economist" uses The Big Mac Index to identify overvalued and undervalued currencies. But does this mean that the euro as a whole is undervalued against the dollar? This led to a significantly undervalued stock price. Therefore, the index states the Namibian dollar was undervalued by 33% at that time. This suited Norfolk as he was ambitious and felt Elizabeth consistently undervalued him. Similar to PE ratios, a lower PEG means that the stock is undervalued more. This suited Norfolk, who had ambitions and felt Elizabeth persistently undervalued him. It was undervalued and thus rarely circulated. The Lithuanian litas was artificially undervalued and withdrawn by spring 1941. The company rejected the offer, saying that it undervalued the company. The offer was rejected, with Cadbury stating that it undervalued the company. The bid was rejected by the Wolves board, which felt it undervalued the club. Women's work is often undervalued and under-reported. Silver was now undervalued at the Mint; accordingly little was presented for striking into money.