Source: FactSet - Morgan Stanley (2008 Outlook). Click to enlarge.
UPDATE on May 3 (6:01p): Great point in the comment section. This report was a MS report from January (haven't seen an updated copy to buy yet). So apply January 8 stock prices to these to get multiples. Basically multiple the stock price on January 8 by the PE to get EPS, then take current stock price by the EPS to get new PE multiple.
However, since RF loves each of you dearly, I already did the homework for the dry bulk shiping and EXM and GNK are the cheapest. As for tankers, I will comment once I take a position. Note check with your brokerage research center on estimates because they change alot.
GOOD POINT. MULTIPLES CHANGE AND SO DO ESTIMATES, HOWEVER THE VISUAL ACTS AS A VALUATION SPOTTER. WHAT DAYS WERE THESE MULTIPLES ADJUSTED FOR?
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