THE EFFECT OF EARNINGS PER SHARE, BOOK VALUE AND SYSTEMATIC RISK ON EQUITY VALUATION IN MANUFACTURING COMPANY LISTED ON INDONESIAN STOCK EXCHANGE FOR THE YEAR 2011-2014

2016 ◽  
Author(s):  
Muslim Abdul Djalil ◽  
Mirza Tabrani ◽  
Jalaluddin Jalaluddin
Keyword(s):  
Stock Exchange ◽  
Systematic Risk ◽  
Equity Valuation ◽  
Book Value ◽  
Earnings Per Share ◽  
Manufacturing Company

scholarly journals ANALISIS PENGARUH FAKTOR FUNDAMENTAL PERUSAHAAN DAN RISIKO SISTEMATIS TERHADAP RETURN SAHAM

2013 ◽  
Vol 3 (2) ◽  
Author(s):  
Dyatri Utami Arina Absari ◽  
Made Sudarma ◽  
Grahita Chandrarin
Keyword(s):  
Stock Exchange ◽  
Research Result ◽  
Systematic Risk ◽  
Rate Of Return ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Manufacturing Company ◽  
Price Earnings Ratio ◽  
Equity Ratio ◽  
Asset Size

<p>This research aim to know influance of fundamental factors as financial ratio with proxy liquidity, asset size, debt equity ratio (DER), return on equity (ROE), earnings per share (EPS), price earnings ratio (PER) and systematic risk to the rate of return in Indonesian Stock Exchange. Manufacturing company as sample the taken amount to 54 emiten the listed in Indonesia Stock Exchange with period of research between of 2008 up to year of 2011. Analysis method the used is multiple linear regression. Analysis results indicate that from some element fundamental factor be like  liquidity, asset size, debt equity ratio (DER), return on equity (ROE), earnings per share (EPS), price earnings ratio (PER) and systematic risk simultanly there are the influence significant to the profitability represented by rate of return. Partially show only earnings per share (EPS) and systematic risk with explained by variation the expressed in adjusted R<sup>2</sup> equal to 7,8 % is while the rest equal to 92,2 % influenced by other variable which is not explained by this research model. Where as other variable not influence with models is liquidity, asset size, debt equity ratio (DER), return on equity (ROE) and price earnings ratio (PER). Research result pursuant to hypothesis test indicate that between some element fundamental factors is most dominant influence the rate of return at the manufacturing company of listed in Indonesia Stock Exchange is systematic risk.</p> <p> </p><br />

scholarly journals RISK ATTITUDES IN THE BOARD ROOM AND COMPANY PERFORMANCE: EVIDENCE FOR AN EMERGING ECONOMY

2016 ◽  
Vol 11 (04) ◽  
pp. 1650019
Author(s):  
DENICE BODEUTSCH ◽  
PHILIP HANS FRANSES
Keyword(s):  
Stock Returns ◽  
Recent Literature ◽  
Stock Exchange ◽  
Market Value ◽  
Emerging Economy ◽  
Board Members ◽  
Risk Attitudes ◽  
Company Performance ◽  
Book Value ◽  
Earnings Per Share

We personally interview thirteen board members of seven (out of the ten) companies listed at the Suriname Stock Exchange and ask questions about their past and current decisions and on their risk attitudes. Next, we correlate the answers to company performance in between 2003–2011, like earnings per share, stock returns, book value and market value. Recent literature on risk attitudes in the board, which usually draws on western economies, guides our formulation of hypotheses. At the same time we also perform some exploratory analyses. Our main result is that, for this emerging economy, more risk adversity leads to better firm performance.

scholarly journals PENGARUH EARNING PER SHARE DAN PRICE EARNING RATIO TERHADAP PRICE BOOK VALUE PADA PERUSAHAAN SEKTOR PERTAMBANGAN YANG TERDAFTAR DI INDEKS IDX30 TAHUN 2015-2020

2021 ◽  
Vol 8 (2) ◽  
Author(s):  
Aninditha Putri Kusumawardhani
Keyword(s):  
Stock Exchange ◽  
Quantitative Approach ◽  
Mining Sector ◽  
Book Value ◽  
A Value ◽  
Earnings Per Share ◽  
Price Earnings Ratio ◽  
Investment Returns ◽  
Ratio Variables

The number of investors who own shares in the mining sector makes an investor must know what ratios can help analyze his chosen stock in order to maximize his investment returns. This study aims to determine the effect of earnings per share and price earnings ratio on price book value, especially in mining sector companies in the IDX30 index year 2015-2020. The method used in this research is descriptive with a quantitative approach. The population and sample of this study are six companies engaged in the mining sector whose shares are listed on the IDX30 index of the Indonesia Stock Exchange. The goal to be achieved in this study is to analyze how the effect of earnings per share and price earnings ratio on the price book value of mining sector companies in the IDX30 index year 2015-2020. The results of this study can be explained that the Sig value of Earning Per Share is of 0.668 or a value of 0.505 <0.05 with a t value of 0.433 so that it can be explained that the level of Earning Per Share has no effect on the price book value. While the Sig of the Price Earning Ratio is 0.578 or the value is 0.578 <0.05. Which means that the high and low Price Earning Ratio has no effect on the price book value. Meanwhile, simultaneously, the value of Sig. 0.758 > 0.05, it means that it can be concluded that simultaneously the Earning Per Share and Price Earning Ratio variables have no significant effect on Price Book Value.

scholarly journals Pengaruh Earning per Share, Debt to Equity Ratio, Suku Bunga dan Inflasi terhadap Price to Book Value pada Perbankan di Bursa Efek Indonesia

2014 ◽  
Vol 1 (02) ◽  
pp. 160-170
Author(s):  
Silvi Reni Cusyana ◽  
Suyanto Suyanto
Keyword(s):  
Data Analysis ◽  
Interest Rates ◽  
Capital Market ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Jel Classification ◽  
Book Value ◽  
Purposive Sampling ◽  
Earnings Per Share ◽  
Equity Ratio

ABSTRACT The research objective is to prove and explain the effect of earnings per share, debt to equity ratio, interest rates and inflation on the price to book value (corporate banking in Indonesia in 2007-2012. The sampling technique in this research is purposive sampling. The data required in research this is obtained of Indonesian Capital Market Directory (ICMD), Indonesia Stock Exchange (IDX) and Bank Indonesia (BI). the method of data analysis used is multiple linear regression. the study concluded that there is influence of earning per share, debt to equity ratio, interest interest and inflation to price to book value in banking in Indonesia Stock Exchange. ABSTRAK Tujuan penelitian adalah membuktikan dan menjelaskan pengaruh earning per share, debt to equity ratio, suku bunga dan inflasi terhadap price to book value (perusahaan perbankan di Indonesia tahun 2007-2012. Teknik pengambilan sampel dalam penelitian ini adalah purposive sampling. Data yang diperlukan dalam penelitian ini diperoleh dari Indonesian Capital Market Directory (ICMD), Bursa Efek Indonesia (BEI) dan Bank Indonesia (BI). Metode analisis data yang digunakan adalah regresi linear berganda. Hasil penelitian menyimpulkan bahwa ada pengaruh Earning per Share, Debt to Equity Ratio, Suku Bunga dan Inflasi terhadap Price to Book Value pada Perbankan di Bursa Efek Indonesia. JEL Classification: H83, M12

scholarly journals Offer Document Disclosures and its Impact on Equity Return in India

2012 ◽  
Vol 2 (1) ◽  
pp. 31-45
Author(s):  
Swinder Singh
Keyword(s):  
Stock Exchange ◽  
It Industry ◽  
Equity Issues ◽  
Net Worth ◽  
Book Value ◽  
Earnings Per Share ◽  
Initial Return ◽  
The Impact ◽  
Made In

Primary market investors deploy their surplus funds inequity issues on the basis of disclosures made by the issuer companies in their offer documents. An attempt has been made in the present study to measure the impact of offer document disclosures regarding turnover, total assets, net worth, earnings per share, book value, percentage of dividend paid, age, promoters stake in post-issue capital and issue size on equity return in India. Taking a sample of 97 equity issues of the size of Rs. 10 crore or more of closely held unlisted companies belonging to 5 different industries during a period of 12 years from 1992-93 to 2003-04 and after applying Linear Multiple Regression Analysis, the study finds that the offer document disclosures covered by the study explained significant amount of variation in equity return in case of issues of banking as well as finance and investment industry. Disclosure of turnover in case of issues of finance and investment industry and of net worth and earnings per share in case of issues ofpharmaceutical industry establishedits statistically significant impact on equity return during the period covered by the study. The industry-wise performancerevealed that the equity issues of banking industry proved more beneficial for long-term investors whereas the issues of IT industry remained more profitable for short-term investors. The study reported that the equity issuesof finance and investment industryprovided less initial return and highest negative return to the investors after three years from first trading day of the issues on Bombay Stock Exchange

scholarly journals PENGARUH EARNING PER SHARE (EPS) DAN PRICE BOOK VALUE (PBV) TERHADAP HARGA SAHAM PADA INDUSTRI RETAIL YANG TERDAFTAR DI BEI PERIODE 2013-2016

2018 ◽  
Vol 3 (2) ◽  
pp. 195
Author(s):  
Hana Tamara Putri
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
Multiple Linear Regression ◽  
Stock Price ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Retail Industry ◽  
Book Value ◽  
Earnings Per Share

The purpose of this studyis to find out how the influence of earnings per share (EPS) and price book value (PBV) simultaneously and parcial to stock prices in retail industry listed on the Stock Exchange Indonesia period 2013-2016. The ojek this analysis is the retail industry listed on the stock exchange indonesia period 2013-2016. Sampel used in this research is as many as 8 retail industry listed on the Stock Exchange Indonesia period 2013-2016. The method used is qualitative and quantitative method. . The analytical tool used in this research is multiple linear regression analysis, the classical assumption test (normality, multicolinearity, hetoroscedasicity, and autocorrelation) and coefficient of determination. Based on the results of multiple linear regression analysis showed the equation Log Y= 2.244 + Log 0,528EPS Log 0,018PBV + e , with F test value of 5,153. Value t test for earning per share (EPS) of 3,159 and the value of T test for price book value (PBV) of 0,113. Rated R Square 26,2%, while the remaining 73,8% explained other factors beyond the study models. And the R value of 0,512. The conclusion of this research indicates that simultaneously independent variable earnings per share (EPS) and price book value (PBV) have an effect on stock price variable. The parcial price (PBV) has no significant effect on stock price dependent and earnings per share (EPS) have a significant effect on stock price variables.

scholarly journals Dampak Rasio Keuangan terhadap Kebijakan Deviden

2018 ◽  
Vol 3 (2) ◽  
pp. 125
Author(s):  
DWI PURWANTI ◽  
PENI SAWITRI
Keyword(s):  
Return On Investment ◽  
Sampling Method ◽  
Stock Exchange ◽  
Total Asset ◽  
Analysis Tool ◽  
Book Value ◽  
Earnings Per Share ◽  
Equity Ratio ◽  
Turn Over ◽  
Dominant Influence

Dividends are important for companies because it is associated with an appropriate allocation of income of the company's growth and prosperity so that shareholders can be assured. This study aims to analyze the effect on financial ratios, dividend payout ratio by five independent variables (Earning Per Share, Debt To Equity Ratio, Price Book Value, Return On Investment, and Total Asset Turn Over). Sampling method used was purposive random sampling. Analysis tool used is multiple linear regression and hypothesis testing using t test and f. Sample who is 14 companies listed in Indonesia Stock Exchange during the five year period 2005 to 2009. The results showed that the Debt To Equity Ratio (DER), Return On Investment (ROI) and Total Asset Turn Over (tattoo) effect on cash dividends in the companies listed in Indonesia Stock Exchange, while Earning Per Share (EPS) and Price Book Value (PBV) has no effect on Cash Devidend. While jointly (simultaneously), the fifth variable is Earnings Per Share, Debt to Equity Ratio, Price Book Value, Return On Investment, Total Assets Cash Turn Over striving affect dividend. Allows no variables that have a dominant influence on Devidend Payout Ratio (DPR). This is because the global economic crisis

Impact of Accounting Data on Stock Prices: The Case of Vietnam

2018 ◽  
Vol 8 (1) ◽  
pp. 140
Author(s):  
Hoang Thi Viet Ha ◽  
Dang Ngoc Hung ◽  
Tran Manh Dung
Keyword(s):  
Stock Prices ◽  
Stock Exchange ◽  
Accounting Data ◽  
Book Value ◽  
Listed Firms ◽  
Earnings Per Share ◽  
Accounting Numbers ◽  
The Impact ◽  
The Relationship ◽  
Exchange Data

This research is conducted for evaluating the impact of accounting numbers on stock prices of listed firms on Vietnam Stock Exchange. Data were collected from 416 listed firms for the period from 2012 to 2016. By using models of OLS, FEM, REM and GLS for evaluating the relationship between earnings per share (EPS), book value of stock (BV) and stock prices, the results show that EPS, BV have positive relationships with stock prices with the level of 48.13% basing on the model of Ohlson (1995) and on the model of Ohlson adjusted to Aboody et al. (2002). Based on the findings, some implications for investors and stakeholders have been given in the context of Vietnam.

scholarly journals Faktor-Faktor Yang Mempengaruhi Return Saham Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia

2019 ◽  
Vol 2 (4) ◽  
Author(s):  
Henny Damayanti Pradrwati
Keyword(s):  
Stock Return ◽  
Sampling Method ◽  
Stock Exchange ◽  
Research Use ◽  
Manufacturing Companies ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Independent Variables ◽  
Earnings Per Share

The purpose of this research is to obtain empirical evidence about the factors that influence stock return in the manufacturing companies that listed in Indonesia Stock Exchange. Independent variables used in this research are price to book value, return on equity, return on asset, earnings per share, and current ratio.The populations used in this study are manufacturing companies listed in Indonesia Stock Exchange during 2013-2016. The sample of this research use 50 manufacturing companies. Samples are obtained through purposive sampling method. Data are analyzed using multiple regression analysis.The results shows that price to book value, return on equity, return on asset, and earnings per share have influence towards stock return. However, current ratio have no influence toward stock return.

scholarly journals Model Penentu Market Price of Share Pada Sektor Manufaktur Yang Terdaftar di BEI

2017 ◽  
Vol 5 (1) ◽  
pp. 92-102
Author(s):  
Tita Deitiana ◽  
Renata Chriselda
Keyword(s):  
Significant Relationship ◽  
Stock Exchange ◽  
Market Price ◽  
Financial Statement ◽  
Linear Regression Method ◽  
Dividend Payout ◽  
Book Value ◽  
Earnings Per Share ◽  
Price Earnings Ratio ◽  
Result Show

The purpose of this study to investigate the factor that influence Market Price of Share in Manufacture companies. The second objective is to identify influence independent variable to dependent variable. Data for this study is the financial ratios calculated from the financial statement of Manufacture in Indonesia Stock Exchange over the five year period 2010 until 2014. The number of sample with purposive sampling method are 8 company as part of 119 Manufacture company. This study also measured by multiple linear regression method with software E-views 7.2. The result show that there is significant relationship between Dividend per Share, Earnings per Share, and Book Value also there is not a significant relationship between Dividend Payout Ratio, Return on Networth, Price Earnings Ratio and Size with Market Price of Share. Keyword:   Market Price of Share, Dividend per Share, Earnings per Share, Book Value, Dividend Payout Ratio, Return on Networth, Price Earnings Ratio, and Size

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