Relative to its industry, DRYS is extremely undervalued. DRYS's projected PE is only 5.4x while its industry's projected PE is 10.1x...implying that this stock should be $140 (so a $100 projected stock price is conservative)...the PEG story is even more severe, with an implied earnings growth rate of 108%...DRYS has a PEG of 0.05 while the industry is trading at 0.85...for some reason this stock is not being given credit for the growth that analysts are predicting...(the implied, projected stock price using PEG is even higher, which just illustrates the point)...here is the analysis:
http://www.freestockvalueranker.com/?method=peg_pe&symbol...
$75.03 (08/18/08)
