scholarly journals Effect of Current Ratio and Debt to Equity Ratio on Price to Book Value with Return on Equity as a Mediation Variable in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016-2018

2021 ◽  
Vol 8 (9) ◽  
pp. 72-80
Author(s):  
Lina Minah ◽  
Nagian Toni ◽  
Enda Noviyanti Simorangkir
Keyword(s):  
Real Estate ◽  
Hypothesis Testing ◽  
Stock Exchange ◽  
Building Construction ◽  
Construction Sector ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Research Population ◽  
Equity Ratio

The purpose of this study was to determine and analyze the effect of current ratio (CR) and debt to equity ratio (DER) on price to book value (PBV) with return on equity (ROE) as a mediation variable in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. This research was conducted on Property, Real Estate and Building Construction Sector Companies listed on the Indonesia Stock Exchange in 2016–2018. This research was conducted on Property, Real Estate and Building Construction Sector Companies listed on the Indonesia Stock Exchange in 2016–2018. The population in this study is the Property, Real Estate and Building Construction Sector Companies that have gone public and are listed on the Indonesia Stock Exchange for the 2016-2018 period, with a total of 81 companies. The research population according to the purposive sampling criteria were 44 companies. Hypothesis testing is done by statistical test t (t-test). Based on the results of hypothesis testing conducted with the SmartPLS tool, CR has significant effect on PBV in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. DER has an significant effect on PBV in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. CR has significant effect on ROE in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. DER has no significant effect on ROE in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. ROE has significant effect on PBV in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. ROE has significant effect on mediating the effect of the CR on PBV in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. ROE has no effect in mediating the effect of the DER on PBV in Property, Real Estate and Building Construction Sector Companies on the Indonesia Stock Exchange for the Period 2016–2018. Keywords: Current Ratio, Debt to Equity Ratio, Price to Book Value, Return on Equity.

scholarly journals ANALISIS PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, DAM RETURN ON EQUITY TERHADAP RETURN SAHAM PADA PERUSAHAAN REAL ESTATE DAN PROPERTY YANG TERDAFTAR DIBURSA EFEK INDONESIA PERIODE 2014-2017

2020 ◽  
Vol 9 (2) ◽  
pp. 255
Author(s):  
Wahyu Ridha Latifah ◽  
Permata Dian Pratiwi
Keyword(s):  
Real Estate ◽  
Hypothesis Testing ◽  
Stock Returns ◽  
Stock Exchange ◽  
Annual Reports ◽  
Current Ratio ◽  
Return On Equity ◽  
Property Companies ◽  
Negative Effect ◽  
Equity Ratio

This  research was conducted with the aim to empirically examine the effect of Current Ratio, Debt to Equity Ratio and Return on Equity Against Stock Returns on Real  Estate  and  Property  Companies on the Indonesia  Stock Exchange. The research period was carried out for 4 (four) years, namely 2014-2017. This type of research is causal research,  that is, this study  looks  for  a causal  relationship  between  independent  variables  and  the  dependent  variable. The population in this study are all Real Estate and Property companies listed on the IDX, wich were 48 Real Estate and Property. The sample in this study was obtained  by  purposive sampling method that is sampling  based on criteria; (1) Registered as an active Real Estate and Property company on the Indonesia Stock Exchange (IDX) in 2014-2017, (2) Companies that publish their annual reports on the IDX, (3) Real Estate and  Property Companies that issue CR, DER  and ROE for each  consecutive  period  from  2014-2017. Based on these criteria, 36 Real Estate and Property companies were obtained. Hypothesis testing is done by panel data regression analysis, but before testing hypotheses first testing classicalassumptions.The results of hypothesis testing are done partially, namely the t test shows that CR has a positive and insignificant effect on stock returns, DER has a significant negative effect on stock returns and ROE has a significant positive effect on stock returns.

scholarly journals 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

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

scholarly journals 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

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

scholarly journals Pengaruh Current Ratio, Debt To Equity Ratio dan Return On Equity Terhadap Return Saham Pada Perusahaan Property dan Real Estate yang Terdaftar di Bursa Efek Indonesia

2021 ◽  
Vol 4 (2) ◽  
pp. 547-556
Author(s):  
Abdurrohman Oman ◽  
Dwi Fitrianingsih ◽  
Anis Fuad Salam ◽  
Hurul Aeni
Keyword(s):  
Real Estate ◽  
Stock Returns ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statement ◽  
Current Ratio ◽  
Return On Equity ◽  
Equity Ratio ◽  
Research Type ◽  
Descriptive Statistical Analysis

This study aims to determine the influence of Current Ratio (CR) Debt to Equity Ratio (DER) and Return On Equity on Stock Returns either partially or simultaneously in Property and Real Estate Companies listed on the Indonesian Stock Exchange in the 2014-2018 period. This research uses descriptive statistical analysis research type with a quantitative approach. The population in this study amounted to 64 companies. This study uses financial statement data with time series for the last 5 years. Sampling in this study using purposive random sampling technique and obtained a sample of 15 companies. The results of the analysis using the t test and f test state that Current Ratio, Debt to Equity Ratio and Return On Equity have a significant effect on Stock Returns either partially or simultaneously. Keyword : Current Ratio, Debt to Equity Ratio and Return On Equity Against Stock Return

scholarly journals PENGARUH CURRENT RATIO, RETURN ON EQUITY DAN DEBT TO ASSET RATIO TERHADAP PRICE BOOK VALUE PERUSAHAAN ADVERTISING, PRINTING DAN MEDIA YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014-2017

2020 ◽  
Vol 9 (2) ◽  
pp. 131
Author(s):  
Bayu Nur Batin ◽  
Deny Ismanto
Keyword(s):  
Hypothesis Testing ◽  
Quantitative Data ◽  
Stock Exchange ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Media Companies ◽  
Media Services ◽  
A Company ◽  
Research Period

This  research was conducted with the aim of partially  testing  the influence of Current Ratio, Return On Equity, and Debt to Asset Ratio on Price Book Value to Advertising, Printing and Media companies listed on the Indonesia Stock  Exchange  (IDX).  Factors  that  influence  price  book  value  (PBV)  include liquidity that is proxied by current ratio or current ratio (CR), profitability projected with return on equity (ROE), and Debt to asset ratio (DAR). The research period was  carried out for 4 (four)  years,  namely  2014-2017. This  type  of  research  is Quantitative data, namely data in the form of numbers, or Quantitative data that are sent in a queue. The population in this study is a company engaged in the services of Advertising,  Printing, and Media services listed on the IDX, namely 15 companies. The sample in this study was obtained by purposive sampling method. Based on existing criteria, 15 companies were obtained. Hypothesis testing is done by Multiple  regression  analysis,  but  before testing  hypotheses  first  testing  the classical assumptions.  The results of hypothesis testing are carried out partially, namely the t test shows that CR has no effect and is not significant on PBV. ROE has a partial and significant effect on PBV. DAR partially has no effect and is  not significant for PBV.

scholarly journals Faktor- Faktor yang Mempengaruhi Devidend Payout Ratio pada Perusahaan Property dan Real Estate

2019 ◽  
Vol 1 (2) ◽  
pp. 243-253
Author(s):  
Satryo Wibowo ◽  
Yupiter Gulo ◽  
Mariane Ellen Harmoni Purbojati
Keyword(s):  
Real Estate ◽  
Stock Price ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Building Construction ◽  
Dividend Payout ◽  
Return On Equity ◽  
Earnings Per Share ◽  
Net Profit ◽  
Equity Ratio

The purpose of this research is to test and analyze empirically the influence of return on investment, return on equity, net profit margin, debt to equity ratio, and earnings per share toward stock price. This research also to compare and improve the results of previous studies. The objects used in this study is property, real estate, and building construction industry sector listed on the Indonesia Stock Exchange (IDX) for six years 2011-2016. The purposive sampling is used as sampling technique to obtain 11 companies listed in property, real estate, and building construction that met the criteria and were analyzed using descriptive statistics and panel data regression with fixed effect model to test the hypotheses. This research is processed using E-views 9 software. The results of the research as follows, return on investment, return on equity, net profit margin, and earnings per share influence stock price. While debt to equity ratio do not influence stock price. The purpose of this research is to test and analyze empirically the influence of current ratio, debt to equity ratio, return on asset, firm size, and growth toward dividend payout ratio. This research also to compare and improve the results of previous studies. The objects used in this study is property and real estatecompanies that listed in the Indonesia Stock Exchange (IDX) for five years 2012-2016. The purposive sampling is used as sampling technique to obtain 7 companies listed in property and real estate that met the criteria and were analyzed using descriptive statistics and multiple linear regression to test the hypothesis. This research is processed using E-views 9 software. The results of the research as follows, current ratio, return on asset, and firm size influence dividend payout ratio. While debt to equity ratio and growth do not influence dividend payout ratio.

scholarly journals PENGARUH EARNING PER SHARE, DEBT TO EQUITY RATIO, RETURN ON EQUITY, DAN CURRENT RATIO TERHADAP PRICE TO BOOK VALUE PERUSAHAAN SUB SEKTOR ADVERTISING PRINTING MEDIA YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2014-2017

2020 ◽  
Vol 8 (2) ◽  
pp. 221
Author(s):  
Mutiara Via Maudy ◽  
Deny Ismanto
Keyword(s):  
Quantitative Research ◽  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Analysis Tool ◽  
Current Ratio ◽  
Return On Equity ◽  
Book Value ◽  
Media Companies ◽  
Equity Ratio

This study aims to examine the effect of Earning Per Share, Debt To Equity Ratio, Return On Equity and Current Ratio to Price to Book Value on advertising printing  media  companies listed on the Indonesia Stock Exchange for the period 2014-2017. This  research  is  descriptive  quantitative  research.  The  research  population  is  all advertising printing  media  companies listed on the Indonesia Stock Exchange for the period 2014-2017 with a total of 15 companies. The sample selection was determined by purposive sampling technique with the criteria of the stock being sampled were the companies that published theirfinancial statements during the consecutive research year, so that samples are  12 companies were obtained. This study uses a statistical panel data regression analysis tool. The results of the study using Earning Per Share, Debt To Equity Ratio, Return On Equity and Current Ratio to Price to Book Value have results, the Debt To Equity Ratio variable affects the dependent variable Price to Book Value, while the other independent variables have no effect, that is; Earning Per Share, Return On Equity and Current Ratio. With the value of R Squared of 66.5% which explains the large influence on Price to Book Value.

scholarly journals PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER) DAN RETURN ON EQUITY (ROE) TERHADAP DIVIDEND PAYOUT RATIO (DPR) PADA PERUSAHAAN SEKTOR INDUSTRI BARANG KONSUMSI DI BURSA EFEK INDONESIA (BEI) TAHUN 2013 –2017

2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Dianty Putri Purba ◽  
. Sheren ◽  
. Valent ◽  
. Angeline
Keyword(s):  
Hypothesis Testing ◽  
Consumer Goods ◽  
Stock Exchange ◽  
Current Ratio ◽  
Dividend Payout ◽  
Return On Equity ◽  
Multiple Regressions ◽  
Equity Ratio ◽  
Consumer Goods Industry

The objective of this study is to analyze the effect of current ratio (CR), debt to equity ratio (DER), and return on equity (ROE) to dividend payout ratio (DPR) on consumer goods industry listed in Indonesia Stock Exchange along period of 2013-2017. This study uses quantify method with explanatory approach. The sample of this study is 41 firms and conducts multiple regressions for hypothesis testing. This study shows that current ratio, debt to equity ratio, and return on equity simultaneously effect on dividend payout ratio for consumer goods industry listed in Indonesia Stock Exchange along period of 2013-2017 with result F=15,303. Partially, current ratio and debt to equity ratio are insignificant to dividend payout ratio while return on equity has significant and positive with result t =5,398. The determinant coefficient of 0,352 shows that CR, DER, and ROE can explain DPR for 35,2% while the rests or about 64,8% can be explained by other factors excluded for this study.

scholarly journals Analysis of Financial Ratio to Predict Financial Distress in the Sub Sector of Plantation Company on Indonesia Stock Exchange Period 2010-2018

2021 ◽  
Vol 8 (1) ◽  
pp. 36-47
Author(s):  
Rosmei Yunita Sibarani ◽  
Nisrul Irawati ◽  
Iskandar Muda
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Commodity Prices ◽  
Secondary Data ◽  
Current Ratio ◽  
Return On Equity ◽  
Financial Ratio ◽  
Research Population ◽  
Equity Ratio ◽  
The Impact

The decline of crude palm oil commodity prices and world demand in 2014 to 2016 lead to decline the capability of plantation companies performance. This is apparent from the declining sales capacity, increase of operating expenses, and inventory expenses and the impact is declining financial performance such as net profit. If this is allowed continuously then the consequences are the plantation sub sector companies possibly can get into the financial distress condition. This research aims to predict the level of financial distress condition and to know the relationship significance using Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) and Debt to Equity Ratio (DER). The research population was plantation sub sector companies listed in Indonesia Stock Exchange. Researcher using purposive sampling in order to obtain a sample of 10 companies. This research uses secondary data from annual financial report of plantation sub sector companies in Indonesia Stock Exchange. Data were tested using logistic regression to explain the influence between these variables. The results of this research indicate that the Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), and Debt to Equity Ratio (DER) did not significantly influence financial distress while Return On Asset (ROA), Current Liabilities to Assets Ratio (CLAR) significantly influence financial distress. Keywords: Return On Asset (ROA), Return On Equity (ROE), Current ratio (CR), Debt to Asset Ratio (DAR), Current Liabilities to Assets Ratio (CLAR) dan Debt to Equity Ratio (DER) and financial distress.

Sign in / Sign up

Export Citation Format

Share Document