scholarly journals Do profitability ratio and market ratio contribute to explain the movement of stock prices of transport companies?

2020 ◽  
Vol 2 (2) ◽  
pp. 46-50
Author(s):  
Sitty Shandragies Usman ◽  
Idham Masri Ishak ◽  
Selvi Selvi

This study aims to determine the effect of profitability ratios and market ratios on stock prices on transportation companies listed on the Indonesia Stock Exchange with the study period of 2013-2017. Profitability ratios used in this study are Return On Assets (ROA) and Return On Investment (ROI) and Market Ratios used in this study are Price Earning Ratio (PER) and Market to Book Value (MBV) to stock prices. The sample in this study were 24 transportation companies listed on the IDX. The data analysis method in this research is multiple linear regression which aims to obtain a comprehensive picture of the effect of the Profitability Ratio and Market Ratio variables on stock prices using the SPSS program. The results showed that only partially market ratio variables had an effect on stock prices both measured by PER and MBV while profitability ratio variables measured by ROA and ROI simultaneously had no effect on stock prices. Simultaneously shows that all variables namely profitability ratios and market ratios together have an influence on the stock prices of transport companies listed on the Indonesia Stock Exchange in 2013-2017.

2021 ◽  
Vol 8 (1) ◽  
pp. 84
Author(s):  
Herman Setiawan ◽  
Victoria Victoria ◽  
Karen Victoria ◽  
Holfian Daulat Tambun Saribu ◽  
Erika Erika

The presence of the capital market in Indonesia is marked by the number of investors who purchase shares of entities that are registered in the capital market. The purpose of this research is to examine and analyze the effect of profitability, dividend payout ratio and inflation on share prices in consumer goods entities listed on the Indonesia Stock Exchange in 2014-2018. This type of research is quantitative. The population of this study is 41 consumer goods companies listed on the Indonesia Stock Exchange for the period 2014- 2018, the sample of this study is 17 companies x 5 years = 85 samples. The data analysis method of this research is to use multiple linear regression with SPSS. The results of this study are Profitability has a significant and significant effect on stock prices, while Dividend Payout Ratio and inflation have no effect on Stock Prices, and simultaneously Profitability, Dividend Payout Ratio and inflation have a significant and significant effect on Share Prices in Consumer Goods Entities listed on the Indonesia Stock Exchange. 2014-2018.


2015 ◽  
Vol 6 (3) ◽  
pp. 431
Author(s):  
Mulyono Mulyono

The research objectives to examine the magnitude of the significant influence between financial ratios and the market based ratio toward the stock price of manufacturing industry sector in Indonesia Stock Exchange (IDX). In accordance IDX data by December 2013, the number of companies, included in the stock of the manufacturing industry sector, is 139 companies. Based on the analysis, it is concluded that the variable return on assets (ROA) and price to book value (PBV) has positive influence on stock prices. It can be interpreted that the higher the return on assets ratio and price to book value, the more positive influence on the increase of the stock price. The variable debt to equity ratio (DER) and price earnings ratio (PER) has negatively influence the stock price on the stock of manufacturing industry sector. This can be interpreted the higher the value of the debt to equity ratio and price earnings ratio, the more negatively influence on the decrease stock price.


2021 ◽  
Vol 5 (2) ◽  
pp. 103-111
Author(s):  
Firdaus Gusti Redha romadi putra ◽  
Eni Wuryani

This study aims to determine the effect of the variables contained in fundamental and technical analysis of stock prices. Variables used include Earning Per Share, Return On Assets, Book Value Per Share, Price to Book Value, Past Share Prices, Dup and Ddown. Sample selection uses saturated samples by using all food and beverage companies listed on the Indonesia Stock Exchange in the 2014-2018 period. The data analysis technique used is regression analysis using SPSS 23. The results of the study show that simultaneously all variables affect the stock price. Partially Earning Per Share, Price to Book Value, Past Share Prices, and Ddown have a significant effect on stock prices, while Return On Assets, Book Value Per Share, and Dup have no significant effect on stock prices.


2019 ◽  
Vol 8 (2) ◽  
Author(s):  
S Sukimin

Stock split is one of the corporate action by the company with the goal set back to stock prices in the range that is more liquid and provide a quality signal to investors. This study aims to analyze the effect of the stock split and the financial performance of the issuer's stock price studies on the manufacturing sector. The theory is the reference of this study, namely Signaling Theory. Signaling theory declares a stock split provides a positive signal for the company manager will inform the future prospects of the company to the public good who do not know. The stock price is the value of a stock that reflects the wealth of the company that issued the stock. Stock prices are formed from the interaction of buyers and sellers of shares in the stock market or stock exchange which is motivated by their expectations of corporate profits. The study was conducted on 7 companies that are listed on the Stock Exchange and they do stock split in the year 2008-2011. Hipoteis testing in this study using multiple regression. The research instrument will be tested in this study is the Earning Per Share (EPS), Return On Investment (ROI), Return on Equity (ROE), Price Earning Ratio (PER), Price to Book Value (PBV) is to test the effect of the stock split and financial performance of the company's stock price. The equations are formed in this study is Stock Price = C + 11,18421EPS - 2,10ROI - 23,62ROE + 556,82PBV + 85,25PER - 244,80Stocksplit + e. The results showed Earning Per Share (EPS) is a variable financial performance and a significant positive effect on stock prices, both before and after stocksplit, while the Return On Investment (ROI), Return on Equity (ROE), Price Earning Ratio (PER), Price to Book Value (PBV) effect is not significant. According to the theory, the higher the ratio of financial performance, the better the state of a company


2017 ◽  
Vol 24 (1) ◽  
pp. 11-24
Author(s):  
Ayik Muh Al Hasny ◽  
Christin Berlinhan Oey

This study aims to examine the effect of the variables of Capital Adequacy Ratio (CAR), operational efficiency (ratio of operating expenses to operating income / BOPO) and liquidity (loan to deposit ratio / LDR) to profitability (return on assets / ROA)of state-owned bank in the Indonesia Stock Exchange in the period of 2009 -2013. There are four (4) samples in this research, which are: PT Bank Mandiri Tbk., PT Bank Rakyat Indonesia Tbk., PT Bank Negara Indonesia Tbk, and PT Bank BTN Tbk. Data analysis method used is multiple linear regression, after going through the classical assumption test to make sure there are no violations on multicolinearity, autocorrelation and heteroscedasticity. Based on the analysis, it is concluded that the variables CAR, BOPO and LDR, partially or simultaneously, significantly influences ROA of the state-owned bank in BEI. Of the three variables, it is proven that BOPO is the most dominant aspect that influences ROA. The coefficient of determination (R2) is of 0.795, means that the three variables have contributed to changes in the value of ROA of 79.5% and the contribution of other variables that are not observed in this study is 20.5%. While the value stimulant correlation coefficient (R) is 0.891 indicates that these three variables have a strong relation to the ROA of state-owned bank in BEI 2009-2013.


2015 ◽  
Vol 1 (2) ◽  
pp. 95-117 ◽  
Author(s):  
Edhi Asmirantho ◽  
Elif Yuliawati

This research was conducted in order to test the influence of DPS, DER, PBV, DER, NPM and ROA on stock prices in the manufacturing sub-sectors of food and beverages in containers that are listed in the Indonesia Stock Exchange. The research technique that used was purposive sampling with criteria: (1) The Company actively listed on the Indonesia Stock Exchange for seven consecutive years. (2) The Company periodically publish financial statements of the period from 2007 to 2013. (3) Each company has a complete data needed in the research. (4) The CompanThis research was conducted in order to test the influence of DPS, DER, PBV, DER, NPM and ROA on stock prices in the manufacturing sub-sectors of food and beverages in containers that are listed in the Indonesia Stock Exchange. The research technique that used was purposive sampling with criteria: (1) The Company actively listed on the Indonesia Stock Exchange for seven consecutive years. (2) The Company periodically publish financial statements of the period from 2007 to 2013. (3) Each company has a complete data needed in the research. (4) The Company regularly distribute dividends for seven period. The analysis technique that used was multiple linear regression and hypothesis testing using t-statistic to test the partial regression coefficient and F-statistic to test the effect simultaneously with a confidence level of 5%. Besides all the variables have been tested with the classical assumption. The results of this research showed that all variables passed the test classic assumptions and fit for use as research data. Statistical t test results showed that the variables PBV, NPM and ROA were partial positive and significant impact on stock prices, other variables in this research that the Parliament has negative and insignificant. DPS and DER have no effect and significant to price stock. The results of F test showed that all variables in this study positive and significant effect on the price stock. The results of regression estimation shows the predictive capability of all independent variables on stock prices by 91.1%. While the rest of 8.9% influenced by other factors beyond this research. These results can be used to guide the investors before investing the stock market.Keywords: Dividend Per Share (DPS), Dividend Payout Ratio (DPR), Price to Book Value (PBV), Debt to Equity Ratio (DER), Net Profit Margin (NPM), and Return on Assets (ROA).y regularly distribute dividends for seven period. The analysis technique that used was multiple linear regression and hypothesis testing using t-statistic to test the partial regression coefficient and F-statistic to test the effect simultaneously with a confidence level of 5%. Besides all the variables have been tested with the classical assumption. The results of this research showed that all variables passed the test classic assumptions and fit for use as research data. Statistical t test results showed that the variables PBV, NPM and ROA were partial positive and significant impact on stock prices, other variables in this research that the Parliament has negative and insignificant. DPS and DER have no effect and significant to price stock. The results of F test showed that all variables in this study positive and significant effect on the price stock. The results of regression estimation shows the predictive capability of all independent variables on stock prices by 91.1%. While the rest of 8.9% influenced by other factors beyond this research. These results can be used to guide the investors before investing the stock market.Keywords: Dividend Per Share (DPS), Dividend Payout Ratio (DPR), Price to Book Value (PBV), Debt to Equity Ratio (DER), Net Profit Margin (NPM), and Return on Assets (ROA).


2017 ◽  
Vol 13 (2) ◽  
pp. 11
Author(s):  
Marsel B. Robot ◽  
Rine ., Kaunang ◽  
Lorraine W. Th. Sondak

The study aims to determine the trend of return on assets (ROA) at PT. Astra Agro Lestari Tbk from 2012 to 2016. The data used are secondary data, obtained in the form of data that has been collected, processed and published by other parties namely the Indonesia Stock Exchange in the form of data obtained from the corner of the Indonesia Stock Exchange in the Faculty of Economics and Business University Sam Ratulangi Manado. Data analysis used is descriptive data analysis method that is by describing an object so that can be drawn conclusion. This descriptive data analysis aims to determine the trend of return on assets (ROA) at PT Astra Agro Lestari TBK in 2012-2016 which will be presented in the form of tables and graphs. The results showed that Trends Return On Assets (ROA) at PT. Astra Agro Lestari, Tbk in 2013 there is a decrease in ROA from 2012, then in 2014 there is an increase compared to the year 2013. In 2015 there is a decrease in ROA from 2014, and in 2016 ROA increase in comparison to 2015. This decline occurred because the average CPO price drops. The fall in CPO prices leads to a decrease in gross revenues followed by a decrease in profits and will further lead to a decrease in ROA.


2021 ◽  
Vol 8 (1) ◽  
pp. 51-67
Author(s):  
Eka Putra Jaya ◽  
Randy Kuswanto

This research was conducted to examine the effect of Return on Assets, Debt to Equity Ratio and Price to Book Value on LQ45 Company's stock returns listed on the Indonesia Stock Exchange in the period of 2016 - 2018. Data collection techniques used were documentation using secondary data. The data analysis method used is a quantitative method with associative and descriptive method approaches. The analysis technique used is multiple regression and hypothesis testing using partial t-test and F test simultaneously with a significance level of 5%. The results showed that Return on Assets had a negative and significant effect on stock returns with a significance value of 0,000 and had a t-value of -4.176 (greater than t table-1.98447). Price to Book Value has a positive and significant effect on stock returns with a significance value of 0.010 and a t value of 2.623. All independent variables simultaneously proved to have a significant effect on stock returns with a significance value of 0.001.


2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Yulis Nurul Aini ◽  
Agustin Dwi Haryanti ◽  
Khoriyah Trianti

ABSTRACTS This study aims to: 1. Understand how the performance of the cigarette industry in the Indonesia Capital Market. 2. Understand about the best performance among the cigarette industry. The research data was obtained from published on the Indonesia Stock Exchange and information company website in the form of financial reports for the period 2018-2020. The financial statement are analyzed using profitability ratios to explain the performance of each cigarette industry. The Profitability ratio used are ROE, ROA, NPM, and GPM. The data analysis method is descriptive and comparative by comparing the results of the calculation of the profitability ratios with the industry average standart. The result of this study indicate performance of cigarette industry was very good, except for PT. Bentoel Internasional Investama, Tbk and the best performance is PT PT. Hanjaya Mandala Sampoerna Tbk.


2021 ◽  
Vol 8 (2) ◽  
pp. 118
Author(s):  
Tri Puji Rahayu ◽  
Beni Suhendra Winarso

This study aims to investigate the effect of profitability ratios, liquidity ratios, activity ratios and leverage ratios on the stock prices of agricultural sector companies listed on the Indonesia Stock Exchange (IDX) in 2016-2020. The sampling technique in this study is the purposive sampling method. The type of data is quantitative research. The data sources used in the study are secondary data from the IDX website and the official website of related companies. The results show that the return on investment, earnings per share, quick ratio, and total assets turnover positively affect stock prices, while the return on equity, return on assets, current ratio, and debt ratio have a negative effect on stock prices.


Sign in / Sign up

Export Citation Format

Share Document