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LQ45 Stock Price Valuation Analysis Using Price to Book Value (PBV) and Price Earning Ratio (PER) Variables from 2016-2020 Davin Surjanto; Totok Sugiharto
Enrichment : Journal of Management Vol. 12 No. 1 (2021): November: Management Science
Publisher : Institute of Computer Science (IOCS)

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Abstract

The research was conducted with the aim of knowing the effect of the stock valuation method on the company's stock price for the last five years. The sample used is consistent companies listed in the LQ45 index from 2016 – 2020 with quarterly data. Data analysis was performed using multiple linear regression because there is 1 dependent variable (stock price) and 2 independent variables (price to book value (PBV) and price earning ratio (PER)). The results of the study stated that the stock price was most influenced by the price to book value (PBV) in this study, while the price earning ratio (PER) did not affect the stock price in this study. However, based on the results of simultaneous testing, it is found that price to book value (PBV) and price earning ratio (PER) simultaneously affect stock prices.
Performance Analysis of Stock Portfolios Incorporated in IDX30 Using the Sharpe, Treynor and Jensen Method in 2016-2020 Selvyna Ougesa Claransia; Totok Sugiharto
Enrichment : Journal of Management Vol. 12 No. 1 (2021): November: Management Science
Publisher : Institute of Computer Science (IOCS)

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Abstract

This study aims to determine whether or not there is a difference between the Sharpe, Treynor, and Jensen methods in measuring the optimal IDX30 portfolio. This study uses the One Way of Variance by Rank Kruskal Wallis test. In this study, the values ​​of Sharpe, Treynor, and Jensen were standardized through the Zscore transformation (standardized) followed by the Mean Rank difference test between treatments to determine which index performance was the most consistent. The test results using the Kruskal Wallis test obtained x2 = 0.850, with a probability of 0.654. It is known that the test probability 0.05. These results indicate that there is no significant difference between the tests using the Sharpe, Treynor, and Jensen methods. Thus, the null hypothesis H0 in this study is accepted. The results of the test between the three treatments, the difference between the three mean ranks, showed that there was no significant difference between each treatment because the difference was not that far away. The Treynor method has the lowest mean rank difference between Sharpe and Jensen, meaning that Treynor is the most consistent with non-difference.
Formation of LQ 45 Stock Portfolio Using Sharpe Ratio, Treynor Ratio and Jensen Alpha Metode Methods Rachmad Rachmad; Totok Sugiharto
Enrichment : Journal of Management Vol. 12 No. 1 (2021): November: Management Science
Publisher : Institute of Computer Science (IOCS)

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Abstract

This study aims to determine the performance of the LQ 45 stock portfolio using the method Sharpe Ratio, Treynor Ratioand Jensen Alpha and to find out whether or not there are differences between the three methods. This type of research is descriptive quantitative. The sample selection used a purposive random sampling technique, and a sample of 22 stocks was obtained in the 2017 - 2020 period with secondary data. This study uses an analysis with one of the quantitative methods, namely times series analysis. Testing the hypothesis using the Kruskal Wallis H test and the Mean Rank contained in the SPSS software. The test results with Kruskal Wallis obtained x2 0.137 with a probability of 0.937. It is known that the test probability is > 0.05. The results showed that there was no difference between the tests using the three methods. Thus the hypothesis H0 in this study is accepted. The test results between the three treatments have a difference in the mean rank, indicating that there is no significant difference between each treatment. The Sharpe method has the lowest mean rank difference compared to the other two methods, which means that Sharpe is the most consistent with non-difference.
The Influence of Time Value, Price Perception, and Service Quality on The Intention to Repurchase Tickets on Passenger Roro Ships Asep Suparman; Zahra Fajardini; Totok Sugiharto
Media Bisnis Vol 14 No 2 (2022): Media Bisnis
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34208/mb.v14i2.1687

Abstract

Repurchase intention in the many transportation options in Indonesia is interesting to study. This study aims to determine the factors that will influence consumers to buy back tickets from shipping companies, namely passenger Roro Ships. This research is a research using a quantitative approach by distributing surveys to passengers on Roro Ships. The sampling technique used is purposive sampling. The analysis technique used is the Partial Least Square technique, using SmartPLS as a tool to process data. The results of the research test show that the time value coefficient and service quality do not affect the repurchase intention of the Roro Passenger Ship passengers, but the price perception will greatly affect the repurchase intention of the Roro Passenger ship passengers. Simultaneously the variables of time value, price perception and service quality greatly affect customer repurchase intention.
Produk, Harga dan Promosi terhadap Keputusan Pembelian Rumah di BTP Residence Bekasi Priscillia Ester Wijaya; Totok Sugiharto
Journal of Management and Bussines (JOMB) Vol 6 No 2 (2024): Journal of Management and Bussines (JOMB)
Publisher : IPM2KPE

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31539/jomb.v6i2.8503

Abstract

This research aims to analyze the impact of products, prices and promotions on house purchasing decisions at BTP Residence Bekasi. The location factor, as a key element in the property business, is a major consideration, but cannot be changed at this stage of the project. Therefore, this research focuses on evaluating factors that can be improved to influence purchasing decisions. The research method used is quantitative by collecting data through questionnaires filled out by 112 respondents, namely potential buyers who are in the affective stage of purchasing decisions, showing interest and taking actions such as location surveys and consultations via WhatsApp. The collected data was processed using the multiple linear regression method. The research results show that product, price and promotion have a positive and significant influence on the decision to purchase a house at BTP Residence Bekasi. Although location factors cannot be modified, an emphasis on them provides an idea of factors that can be improved to increase buyer attraction. In conclusion, this research contributes to understanding the determining factors of purchasing decisions in the property market, especially in East Bekasi Permai Residence Bekasi. The implications of these findings can help property developers to design more effective marketing strategies and increase their competitiveness in a competitive market. Keywords: Price, Purchase Decision, Product, Promotion
The Influence of Time Value, Price Perception, and Service Quality on The Intention to Repurchase Tickets on Passenger Roro Ships Asep Suparman; Zahra Fajardini; Totok Sugiharto
Media Bisnis Vol. 14 No. 2 (2022): Media Bisnis
Publisher : Pusat Penelitian dan Pengabdian kepada Masyarakat Sekolah Tinggi Ilmu Ekonomi Trisakti

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.34208/mb.v14i2.1687

Abstract

Repurchase intention in the many transportation options in Indonesia is interesting to study. This study aims to determine the factors that will influence consumers to buy back tickets from shipping companies, namely passenger Roro Ships. This research is a research using a quantitative approach by distributing surveys to passengers on Roro Ships. The sampling technique used is purposive sampling. The analysis technique used is the Partial Least Square technique, using SmartPLS as a tool to process data. The results of the research test show that the time value coefficient and service quality do not affect the repurchase intention of the Roro Passenger Ship passengers, but the price perception will greatly affect the repurchase intention of the Roro Passenger ship passengers. Simultaneously the variables of time value, price perception and service quality greatly affect customer repurchase intention.
Pengaruh Kualitas Produk, Harga, Promosi dan Citra Merek terhadap Keputusan Pembelian Pakaian Wanita di Online Shop Prasetya, Prasintia; Sugiharto, Totok
Al-Kharaj : Jurnal Ekonomi, Keuangan & Bisnis Syariah Vol 6 No 3 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Publisher : Research and Strategic Studies Center (Pusat Riset dan Kajian Strategis) Fakultas Syariah IAI Nasional Laa Roiba

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47467/alkharaj.v6i3.5539

Abstract

The advancement in technology has led to economic development and transformed the business world on the internet. Due to the growing prevalence of the internet and its easy accessibility, sellers have seized the opportunity to engage in online sales, commonly known as online shopping. This research aims to examine and analyze the influence of product quality, price, promotion, and brand image on the purchasing decisions of women's clothing in online shops. This study utilizes a modified research model from previous studies, with the expectation of providing empirical research results regarding purchasing decisions. Primary data for this study were collected from 153 respondents, women's clothing consumers in Jabodetabek, who made purchases from online shops within the last year. The study employed purposive sampling techniques. Statistical analysis was conducted using the SPSS software, employing multiple linear regression analysis. The research findings indicate that product quality, partially, has a positive influence on purchasing decisions. Price, partially, does not have a positive impact on purchasing decisions. Promotion, partially, has a positive influence on purchasing decisions. Brand image, partially, has a positive impact on purchasing decisions. Furthermore, product quality, price, promotion, and brand image, collectively, have a positive influence on purchasing decisions. It is hoped that this model can also be utilized by women's clothing businesses in online shops to formulate marketing strategies to enhance consumer purchasing decisions.
Factors Affecting Behavioural Intentions at Hokben Restaurants in Bekasi City Haryanti, Denny Septa; Hernawati, Nani; Prilyana, Cindy; Sugiharto, Totok
Jurnal Penelitian Ekonomi dan Bisnis Vol. 9 No. 2 (2024): September 2024
Publisher : Universitas Dian Nuswantoro Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33633/jpeb.v9i2.10433

Abstract

The purpose of this research is to determine the influence of Food Quality, Physical Environment Quality, Employee Service Quality, on Behavioral Intentions through Customer Perceived Value, and Customer Satisfaction which influences Pricing for HokBen customers in the city of Bekasi. This research uses primary data by collecting data through questionnaires. This research sample was obtained through a purposive sampling method and obtained 235 respondents. This research uses descriptive statistical methods with the SEM-PLS. The results of this research show that Food Quality and Employee Service Quality have an influence on Customer Perceived Value, while Physical Environment Quality has no influence on Customer Perceived Value, Customer Perceived Value and Pricing have an influence on Customer Satisfaction, and Customer Satisfaction has an influence on Behavioral Intentions.   Keywords: Food Quality, Physical Environment Quality, Employee Service Quality, Customer Perceived Value, Pricing, Customer Satisfaction, Behavioral Intentions
Analysis of the impact of financial performance indicators on the stock valuation of IDX30 companies in the Indonesia Stock Exchange Alamsjah, Wahyudi; Sugiharto, Totok
Enrichment : Journal of Management Vol. 14 No. 5 (2024): December: Management Science And Field
Publisher : Institute of Computer Science (IOCS)

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35335/enrichment.v14i5.2112

Abstract

This study objective is to evaluate and analyze the impact of financial performance indicators using Cash Ratio (CR), Total Asset Turnover (TATO), Net Profit Margin (NPM), and Earnings Per Share (EPS) on Stock Valuation that measured by Price to Book Value (PBV). Company valuation is important for investors on the Indonesia Stock Exchange (IDX). The research sample consists of 13 IDX30 companies, selected by using purposive sampling over the period of 2018–2022. Quantitative descriptive analysis and multiple linear regression tests are used to evaluate whether there is an interaction between the variables studied. The results of the study indicate the influence of CR, TATO, NPM, and EPS on PBV. Although CR does not show a significant effect on PBV, however, TATO, NPM, and EPS have a significant influence on PBV
Pengaruh Destination Image dan Kunjungan Wisatawan terhadap Lokasi Wisata Baru Alberta Dwi Setyorini; Totok Sugiharto
E-Jurnal Akuntansi Vol 31 No 3 (2021)
Publisher : Accounting Department, Economic and Business Faculty of Universitas Udayana in collaboration with the Association of Accounting Department of Indonesia, Bali Region

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24843/EJA.2021.v31.i03.p13

Abstract

Bali has fascinating many tourists from all over the world to visit and Nusa Penida is an island located in the southern part of Bali that requires a speedboat to get there, and Penida Beach Club is a new tourist location. The purpose of this study was to determine whether there is an influence between destination image and tourist visits on new tourist sites. The test was carried out with SPSS - multiple linear regression in order to make it easier for the author to process data and the results of the calculation can be concluded that 40.9% of destination images and tourist visits affect new tourist sites, while 59.1% are influenced by other variables not included in the study, and simultaneously test obtained 0.009 <0.05 which can be concluded that the destination image and tourist visits significantly affect new tourist locations, also from both hypothesis the tourist visit to the new location has a significant impact than the destination image to the new location. Keywords: Destination Image; Tourist Visits; New Location.