Determinan Price to Book Value Perusahaan Manufaktur

A B S T R A C T This study is aimed to test the influence of Current ratio (CR), Return on equity (ROE), Total assets turnover (TATO), and Size towards Price to book value (PBV). Samples are 114 firm firm years data of consumer goods listed companies in Indonesia Stock Exchange (IDX) during the period of 2006-2011 Analysis technique of data used multi linear regression of ordinary least square. This indicate that the available data has fulfilled the prerequisite to use multi-linier regression model. This research demonstrated that ROE and Size partially have significant influence towards the PBV. On the contrary, CR and TATO partially have no significant influence towards PBV. Simultaneously, CR, ROE, TATO, and the size has significant influence towards PBV of Consumer goods companies in IDX during the period of 2006. A B S T R A K Penelitian ini bertujuan untuk menguji pengaruh Rasio Current (CR), Return on equity (ROE), Total omset aset (TATO), dan Ukuran menuju Harga terhadap nilai buku (PBV). Sampel adalah 114 data tahun perusahaan consumer goods di Bursa Efek Indonesia (BEI) tercatat selama periode 2006-2011. Teknik analisis data menggunakan regresi linier multi biasa setidaknya persegi. Ini menunjukkan bahwa data yang tersedia telah memenuhi syarat untuk menggunakan model regresi multi-linier. Penelitian ini menunjukkan bahwa ROE dan Ukuran parsial memiliki pengaruh yang signifikan terhadap PBV. Sebaliknya, CR dan TATO sebagian tidak memiliki pengaruh yang signifikan terhadap PBV. Secara bersamaan, CR, ROE, TATO, dan ukuran memiliki pengaruh signifikan terhadap PBV perusahaan barang konsumen di BEI selama periode 2006. JEL Classification: M40, O16

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Pengaruh Return on Equity, Debt to Equity Ratio, Fixed Asset Turnover, Price to Book Value dan Interest Rate terhadap Price Earning Ratio pada Perusahaan Property & Real Estate di Bursa Efek Indonesia

Jurnal Riset Akuntansi & Perpajakan (JRAP) ◽

10.35838/jrap.v1i02.78 ◽

2014 ◽

Vol 1 (02) ◽

pp. 200-210

Author(s):

Agung Setiyawan ◽

Oman Rusmana

Keyword(s):

Interest Rate ◽

Real Estate ◽

Significant Influence ◽

Stock Exchange ◽

Jel Classification ◽

Return On Equity ◽

Book Value ◽

Fixed Assets ◽

Asset Turnover ◽

Equity Ratio

ABSTRACT This study is aimed to examine the influence return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) and interest rate (IR) towards price earning ratio (per). Population of this study are Property & Real Estate companies which had go public in Indonesia Stock Exchange (IDX) during the period of 2008-2012.This research take 11 samples of 52 Property & Real Estate companies listed in IDX during the period of 2008-2012. This research concluded that the price to book value (PBV) and interest rate (IR) have significant influence towards the price earning ratio (PER). Meanwhile, other variables partially have no significant influence towards the price earning ratio (PER). ABSTRAK Penelitian ini dilakukan untuk menguji pengaruh return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) dan interest rate (IR) terhadap Price Earning Ratio (PER). Populasi penelitian adalah perusahaan-perusahaan Property & Real Estate yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2008-2012. Penelitian ini mengambil jumlah sampel sebanyak 14 perusahaan dari 52 perusahaan Property & Real Estate yang terdaftar di BEI selama periode 2008-2012. Hasil penelitian menunjukkan bahwa variabel Price to Book Value (PBV) dan Interest Rate (IR) secara parsial berpengaruh signifikan terhadap Price Earning Ratio (PER). Sedangkan Return on Equity (ROE), Debt to Equity Ratio (DER) dan Fixed Assets Turnover (FATO) tidak berpengaruh signifikan terhadap Price Earning Ratio (PER). JEL Classification: G14, G30

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Pengaruh Return on Equity, Debt to Equity Ratio, Fixed Asset Turnover, Price to Book Value dan Interest Rate terhadap Price Earning Ratio pada Perusahaan Property & Real Estate di Bursa Efek Indonesia

Jurnal Riset Akuntansi & Perpajakan (JRAP) ◽

10.35838/jrap.2014.001.02.16 ◽

2014 ◽

Vol 1 (02) ◽

pp. 200-210

Author(s):

Agung Setiyawan ◽

Oman Rusmana

Keyword(s):

Interest Rate ◽

Real Estate ◽

Significant Influence ◽

Stock Exchange ◽

Jel Classification ◽

Return On Equity ◽

Book Value ◽

Fixed Assets ◽

Asset Turnover ◽

Equity Ratio

ABSTRACT This study is aimed to examine the influence return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) and interest rate (IR) towards price earning ratio (per). Population of this study are Property & Real Estate companies which had go public in Indonesia Stock Exchange (IDX) during the period of 2008-2012.This research take 11 samples of 52 Property & Real Estate companies listed in IDX during the period of 2008-2012. This research concluded that the price to book value (PBV) and interest rate (IR) have significant influence towards the price earning ratio (PER). Meanwhile, other variables partially have no significant influence towards the price earning ratio (PER). ABSTRAK Penelitian ini dilakukan untuk menguji pengaruh return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) dan interest rate (IR) terhadap Price Earning Ratio (PER). Populasi penelitian adalah perusahaan-perusahaan Property & Real Estate yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2008-2012. Penelitian ini mengambil jumlah sampel sebanyak 14 perusahaan dari 52 perusahaan Property & Real Estate yang terdaftar di BEI selama periode 2008-2012. Hasil penelitian menunjukkan bahwa variabel Price to Book Value (PBV) dan Interest Rate (IR) secara parsial berpengaruh signifikan terhadap Price Earning Ratio (PER). Sedangkan Return on Equity (ROE), Debt to Equity Ratio (DER) dan Fixed Assets Turnover (FATO) tidak berpengaruh signifikan terhadap Price Earning Ratio (PER). JEL Classification: G14, G30

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PENGARUH FAKTOR-FAKTOR FUNDAMENTAL TERHADAP RETURN SAHAM PERUSAHAAN JASA TRANSPORTASI

JWM (Jurnal Wawasan Manajemen) ◽

10.20527/jwm.v6i1.162 ◽

2019 ◽

Vol 6 (1) ◽

pp. 94

Author(s):

Siska Septina ◽

Fifi Swandari

Keyword(s):

Stock Return ◽

Stock Exchange ◽

Hypothesis Test ◽

Least Square ◽

Return On Equity ◽

Book Value ◽

Ordinary Least Square ◽

Equity Ratio ◽

F Statistics ◽

Transportation Company

This research as “Effect Fundamental Factors toward stock return of Transportation’s Company”. Aims analyzed fundamental factors to haven influence stock return of transportation company at Indonesia Stock Exchange (BEI). Fundamental factors such as Earning Per Share (EPS), Book Value Per Share (BVS), Price Earning Ratio (PER), Debt to Equity Ratio (DER), Return on Asset (ROA), and Return On Equity (ROE).Methodology research used purposed sampling with criteria as 1. Stock of Transportation company which listed fm th. 2009-2013. 2.Stocked was trade at Indonesian Stock Exchange (BEI). Sample totally 13 and data analysis with multiple regression of ordinary least square and hypothesis test used F statistics and t statistic at level significance 5%.Analysis result is fm totally 6 (six) of fundamental factors, only Price Earning Ratio (PER), Debt to Equity Ratio (DER) and Return on Asset (ROA) significance influance stock return of 13 (thirteen) transportation company at BEI, while others are not significance.The future result suggested to expand other fundamental factors and suggested to add more variabels so can get better result.

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The Impact of Profitability on Stock Valuation and Its Impact on Corporate Value

International Journal of Finance & Banking Studies (2147-4486) ◽

10.20525/ijfbs.v9i2.728 ◽

2020 ◽

Vol 9 (2) ◽

pp. 46-55

Author(s):

Tio Pasukodewo ◽

Neneng Susanti

Keyword(s):

Significant Influence ◽

Stock Exchange ◽

Sampling Technique ◽

Retail Trade ◽

Profit Margin ◽

Stock Valuation ◽

Return On Equity ◽

Book Value ◽

Net Profit ◽

The Impact

This research aims to determine the influence of return on assets, return on equity, and net profit margin against stock valuation reflected with the price earning ratio and its impact on the price to book value of retail trade companies listed on the Indonesia Stock Exchange period 2009-2018. The method used in this research is a descriptive method of analysis with a quantitative approach. The type of data used in this study is secondary data. The population in this research is a trade retail company listed on the Indonesia Stock Exchange period 2009-2018, consisting of 31 retail trade companies. Sampling technique used in this research is purposive sampling technique, with certain predefined criteria, which obtained 11 trade retail companies that meet the criteria. The analytical technique that will be used in this study is a double linear regression analysis technique that expanded by a method of pathway analysis to obtain a thorough picture of the relationship between one variable and another variable. The results found that a partial return on asset variable, return on equity, and net profit margin had a significant influence on the price earning ratio, and the price earning ratio also had a significant influence on price to book value.

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PENGARUH LEVERAGE, PROFITABILITAS, FIRM SIZE, DAN LIKUIDITAS TERHADAP RETURN SAHAM PERUSAHAAN SEKTOR INDUSTRI BARANG KONSUMSI

E-Jurnal Manajemen Universitas Udayana ◽

10.24843/ejmunud.2019.v08.i04.p13 ◽

2019 ◽

Vol 8 (4) ◽

pp. 2239

Author(s):

Nindya Pradiana ◽

I Putu Yadnya

Keyword(s):

Stock Returns ◽

Firm Size ◽

Consumer Goods ◽

Stock Return ◽

Stock Exchange ◽

Return On Equity ◽

Insignificant Effect ◽

Stock Investment ◽

Analysis Technique ◽

Consumer Goods Industry

Stock return is an advantage obtained by investors in stock investment. One sector whose stock returns fluctuate and has a high inventory turnover is the consumer goods industry. The existence of stock return fluctuations is the background of this study which aims to determine the effect of leverage, profitability, firm size and liquidity on stock returns on the consumer goods industry sector companies in the Indonesia Stock Exchange in the 2014-2016 period. The sample used in this study amounted to 33 companies. The method of determining the sample used in this study was purposive sampling method. The data analysis technique used in this study is multiple linear analysis. The results of this study are leverage variables proxied by DER which have a positive and significant effect on stock returns. Profitability proxied by ROE has a positive and insignificant effect on stock returns. Firm size has a positive and significant effect on stock returns. Liquidity which is proxied by QR has a negative and insignificant effect on stock returns. Keywords: debt to equity ratio, return on equity, firm size, quick ratio, stock return

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ANALISIS PENGARUH EARNING PER SHARES (EPS), PRICE TO BOOK VALUE (PBV), RETURN ON EQUITY (ROE), RETURN ON INVESTMENT (ROI) DAN PRICE EARNING RATIO (PER) TERHADAP HARGA SAHAM PADA PERUSAHAAN METAL AND ALLIED PRODUCT DI BURSA EFEK INDONESIA

Jurnal Fokus Manajemen Bisnis ◽

10.12928/fokus.v4i1.1350 ◽

2014 ◽

Vol 4 (1) ◽

pp. 57

Author(s):

Mei Ayu Warti ◽

Salamatun Asakdiyah

Keyword(s):

Significant Influence ◽

Return On Investment ◽

Stock Price ◽

Stock Exchange ◽

Linear Regression Analysis ◽

Secondary Data ◽

Multiple Linear Regression Analysis ◽

Return On Equity ◽

Book Value ◽

A Value

This study aims to determine the influence of Earning Per Share (EPS), Price to Book Value (PBV), Return On Equity (ROE), Return On Investment (ROI), and Price Earning Ratio (PER) towards the stock price at Metal andd Allied Product Companies in Indonesia Stock Exchange. The population in this study amouted to 14 companies, and by using sampling techniques in the form of purposive sampling acquired 11 companies which can be sampled. Source of data used in this research is secondary data derived from Indonesian Capital Market Directory (ICMD) in 2005 until 2009. Data analysis in this study using multiple linear regression analysis and t test. The result of analysis is the EPS has significant influences on stock price with value of 0.000 < 0.05, PBV has a significant influence on stock price with a value 0.000 < 0.05, ROE does not have a significant influence on stock price with a value of 0.141 > 0.05, ROI does not have a significant influence on stock price with a value of 0.913 > 0.05, and PER does not have a significant influence on stock price with a value of 0.154 > 0.05. value of R Square shows the results 0.720, which means 72% of the stock price can be explained by the variable EPS, PBV, ROE, ROI, and PER, while the remainder, 28% of stock price is explained by other independent variables are not observed/assumed to be constant.

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Board Independence, Nomination and Remuneration Committee, and Compensation in Indonesia

Jurnal Akuntansi ◽

10.24912/ja.v25i1.723 ◽

2021 ◽

Vol 25 (1) ◽

pp. 34

Author(s):

Puteri Alfarisa, Iman Harymawan

Keyword(s):

Stock Exchange ◽

Least Square ◽

Board Independence ◽

Opportunistic Behavior ◽

Ordinary Least Square ◽

Least Square Regression ◽

Optimal Contracting ◽

Analysis Technique ◽

Ordinary Least Square Regression ◽

The Relationship

This article aims to examine the relationship between independent commissioners and nomination and remuneration committee (KNR) and their interaction with directors’ compensation using companies listed on the Indonesia Stock Exchange (BEI) and ordinary least square regression analysis technique. This study found that independent commissioners negatively associated with directors' compensation which showed that companies with a higher ratio of independent commissioners provide less directors' compensation due to optimal supervision of management’s opportunistic behavior. In contrast, KNR is positively associated with directors' compensation which means that companies with KNR provide greater compensation because, according to the "optimal contracting approach", the board is assumed to design compensation schemes to provide managers with efficient incentives to maximize shareholder value. Meanwhile, the interaction between the two variables is not associated with directors' compensation because of the negating effect which shows that companies with independent commissioners and KNR do not have a tendency for directors' compensation.

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VOLATILITAS HARGA SAHAM PADA SEKTOR PERTANIAN DI INDONESIA

Jurnal Manajemen Bisnis Krisnadwipayana ◽

10.35137/jmbk.v9i1.514 ◽

2021 ◽

Vol 9 (1) ◽

Author(s):

Dhistianti Mei Rahmawantari

Keyword(s):

Stock Price ◽

Trading Volume ◽

Stock Exchange ◽

Price Volatility ◽

Profit Margin ◽

Stock Price Volatility ◽

Return On Equity ◽

Book Value ◽

Analysis Technique ◽

Net Profit

This study aimed to analyze the influence of trading volume, dividend yield, debt to equity ratio and interest rate to stock price volatility companies listed on the Indonesia Stock Exchange in the period of year 2017-2019. The populations of this study are all agriculture companies listed in Indonesia Stock Exchange (IDX) in the period of year 2017 to 2019. It obtained only seven companies samples from total population with technique purposive sampling method. The data analysis technique used is smartPLS software. The results showed that the volatility of the stock price can by earning per share, net profit margin, price to book value, price earning ratio, return on equity, and trading volum,. Net profit margin, price to book value and trading volume have significant effect on stock price volatility while the rest of variables stated otherwise.

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The Determinants and Financial Statement Effects of IFRS Adoption in Nigeria

Advances in Finance, Accounting, and Economics - Economics and Political Implications of International Financial Reporting Standards ◽

10.4018/978-1-4666-9876-5.ch016 ◽

2016 ◽

pp. 319-341

Author(s):

J. O. Odia

Keyword(s):

Stock Exchange ◽

Earnings Quality ◽

Least Square ◽

Financial Statement ◽

Annual Reports ◽

Return On Equity ◽

Ordinary Least Square ◽

Ifrs Adoption ◽

Operating Cash Flow ◽

The Impact

The chapter examines the determinants and financial statement effect s of IFRS adoption in Nigeria. It also investigate into the impact of effect of the adoption of IFRS on accounting figures and ratios in the financial statements of 50 companies quoted in the Nigerian Stock Exchange. The determinants considered include firm's characteristics (firm size, operating cash flow, leverage, turnover, growth in turnover, profitability, liquidity and earnings quality) and corporate governance variables (board size, board independence and audit type). The data were obtained from the annual reports of companies listed in the Nigerian Stock Exchange between 2011 and 2013 and was analyzed using the ordinary least square (OLS) and logistic regression which were used to test for determinants of IFRS adoption while the independent t-test was used to examine the financial statement effects. With regard to the determinants, the empirical result indicates only profitability and earnings quality have significant but negative association with IFRS adoption. Moreover, IFRS adoption has significant effect on the return on equity.

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