bestdeception

DRYS: Shipper of the Global Commodities Boom

DSX Lover, the BDI probably won't stablize from here, especially since iron ore just went up over 65% around the world. DRYS is getting additional ships, and we are basing all numbers on current year's ship count, and current BDI rates, which is not realistic. If you merely compare DRYS and DSX apples to apples DRYS F P/e is 5.95, DSX is 11.97. P/S is 5.51 vs 11.94. Basically, if DRYS is held to the same standard DSX is, DRYS should be priced at 160, not 80.