Analisis Price to Book Value, Current Ratio, Return On Equity, Dan Debt To Equity Ratio Terhadap Harga Saham
DOI:
https://doi.org/10.37385/msej.v3i3.588Keywords:
Price to Book Value, Current Ratio, Return On Equity, Debt to Equity Ratio, Stock PriceAbstract
This study is to analyze the effect of Price to Book Value (PBV), Current Ratio (CR), Return On Equity (ROE), and Debt to Equity Ratio (DER) on stock prices for various industrial sector companies listed on the Indonesia Stock Exchange (IDX). ) the time span 2018 - 2020. The population in this study are companies that have been listed on the Indonesia Stock Exchange (IDX) in 2018 -2020. The research sample is 10 companies in various industrial sectors which were found using a purposive sample technique. The method used in this research is descriptive analysis test, classical assumption test, multiple linear regression, T test and F test to get results regarding the effect of the independent variable on the dependent variable. The results of this study indicate that partially Price to Book Value (PBV) has a significant effect on stock prices, while the Current Ratio (CR), Return On Equity (ROE), and Debt to Equity Ratio (DER) have no significant effect. Simultaneously, the variables Price to Book Value (PBV) Current Ratio (CR), Return On Equity (ROE), and Debt to Equity Ratio (DER) affect stock prices. The results of the coefficient of determination (R2) show that the variables PBV, CR, ROE, DER have a large influence of 87.4% on stock prices, while the remaining 12.6% is influenced by other variables not examined in this study.
Keywords : Price to Book Value, Current Ratio, Return On Equity, Debt to Equity Ratio, and Stock Price
References
Andansari, Raharjo, & Andini. (2016). Pengaruh Return On Equity (ROE), Price Earning Ratio (PER), Total Asset Turn OVER (TATO) dan Price To Book Value (PBV) Terhadap Return Saham (Studi Kasus Pada Perusahaan Manufaktur Sektor Makanan Dan Minuman Yang Terdaftar Di BEI Periode 2008-2014). Journal Of Accounting, 2(2). https://jurnal.unpand.ac.id/index.php/AKS/article/view/469
Arifin, J. (2007). cara cerdas menilai kinerja perusahaan (Aspek Finansial dan non finansial). https://books.google.co.id/books?id=hjjlfKdli9YC&pg=PR4&dq=cara+cerdas+menilai+kinerja+perusahaan+arifin+2007&hl=id&sa=X&ved=2ahUKEwj_4L3qsP_vAhU183MBHW9ACdEQ6AEwAHoECAMQAw#v=onepage&q=cara cerdas menilai kinerja perusahaan arifin 2007&f=false
Assegaf, A. (2014). Pengaruh debt to equity ratio, return on equity, earning per share dan price earning ratio terhadap harga saham (studi pada perusahaan manufaktur yang listing di BEI periode 2011-2013). Ilmiah Mahasiswa FEB, 3(1), 1–16.
Hasan, N. K. (n.d.). Pengaruh pengumuman dividen terhadap harga saham. 209–216.
Herlianto, D. (2016). PADA PERUSAHAAN FARMASI YANG TERDAFTAR. 100–115.
HIDAYAT, M. (2019). Faktor Yang Mempengaruhi Price To Book Value. Jurnal Bisnis Dan Akuntansi, 20(2), 101–106. https://doi.org/10.34208/jba.v20i2.414
IRLANE MAIA DE OLIVEIRA. (2017). ANALISIS RATIO LIKUIDITAS, RATIO SOLVABILITAS DAN RATIO RENTABILITAS TERHADAP PEMBERIAN KREDIT MODAL KERJA PADA KPRI BHAKTI PERTIWI LAMONGAN. II(3), 1–14.
Jatmiko, dadang prasetyo. (2017). pengantar manajemen keuangan. https://books.google.co.id/books?id=rnwtDwAAQBAJ&printsec=frontcover&dq=manajemen+keuangan+adalah&hl=id&sa=X&ved=2ahUKEwiw9Yf2sf3vAhWbV30KHYA6Al4Q6AEwBXoECAUQAw#v=onepage&q=manajemen keuangan adalah&f=false
Kariyoto. (2017). analisa laporan keuangan. https://books.google.co.id/books?id=DjBODwAAQBAJ&printsec=frontcover&dq=analisa+laporan+keuangan+kariyoto+2017&hl=id&sa=X&ved=2ahUKEwj6nZjVr__vAhVp63MBHezoDz4Q6AEwAHoECAAQAw#v=onepage&q=analisa laporan keuangan kariyoto 2017&f=false
Kariyoto. (2018). manajemen keuangan konsep & implementasi. https://books.google.co.id/books?id=QuJqDwAAQBAJ&printsec=frontcover&dq=Manajemen+keuangan&hl=id&sa=X&ved=2ahUKEwiOtpLcrv3vAhWwqksFHWPMDUgQ6AEwAnoECAQQAw#v=onepage&q=Manajemen keuangan&f=false
Lestari, A. P., Norisanti, N., & Ramdan, A. M. (2018). Dupont System Analysis for Measuring Financial Performance of Cosmetics Companies and Household Goods Listed on Indonesia Stock Exchange Period 2011-2016. Jurnal Apresiasi Ekonomi, 6(3), 213–222. https://doi.org/10.31846/jae.v6i3.90
Meilani, S., & Pardistya, I. Y. (2020). Pengaruh Return on Equity (Roe) Dan Current Ratio (Cr) Terhadap Harga Saham. E-Jurnal Ekonomi Dan Bisnis Universitas Udayana, 12, 1159. https://doi.org/10.24843/eeb.2020.v09.i12.p02
Mutiarani, N. N., Dewi, R. R., & Suhendro, S. (2019). Pengaruh Price Earning Ratio, Price To Book Value, Dan Inflasi Terhadap Harga Saham Yang Terindeks Idx 30. Jurnal Ilmiah Edunomika, 3(02), 433–443. https://doi.org/10.29040/jie.v3i02.639
ni wiyan trisnadewi, I. made sudarma adiputra. (2017). metode penelitian kesehatan. https://books.google.co.id/books?id=DDYtEAAAQBAJ&pg=PA45&dq=uji+hipotesis+menurut+sugiyono+(2017)&hl=id&sa=X&ved=2ahUKEwithpOMwZvxAhX76XMBHewwCp4Q6AEwB3oECAoQAw#v=onepage&q=uji hipotesis menurut sugiyono (2017)&f=false
Novitasari, I., Budiadi, D., & Limatara, A. D. (2020). Analisis Stock Split Terhadap Harga Saham Pt. Jaya Real Property Tahun 2010-2016. Cahaya Aktiva, 10(1), 8–17. https://ojs.cahayasurya.ac.id/index.php/CA/article/view/62%0Ahttps://doi.org/10.47047/ca.v10i1.62
Pratama, A. (2014). Pengaruh Current Ratio, Debt to Equity Ratio, Return on Equity, Net Profit Margin Dan Earning per Share Terhadap harga saham. 2(1).
Putra, A. S. (2018). Anak Muda Miliarder Saham.
Rahma, A. (2021). Return On Equity: Definisi dan cara menghitung ROE. https://majoo.id/solusi/detail/return-on-equity
Template
