Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Ar-Rasyid: Jurnal Publikasi Penelitian Ilmiah
R. Dimas Aditya
Unknown Affiliation
Religion Humanities Economics, Econometrics & Finance Education Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
PERAN PRICE TO BOOK VALUE SEBAGAI INDIKATOR VALUASISAHAM PADA PERUSAHAAN YANG TERDAFTAR DALAMJAKARTA ISLAMIC INDEX PERIODE 2024 Nabil Fairil Renata; R. Dimas Aditya; Muhammad Aditya; Mukhtaruddin
Ar-Rasyid: Jurnal Publikasi Penelitian Ilmiah Vol. 1 No. 5 (2025): Ar-Rasyid: Jurnal Publikasi Penelitian Ilmiah (Bulan November 2025)
Publisher : PT. Saha Kreasi Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.64788/ar-rasyid.v1i5.99

Abstract

This study analyzes the use of Price to Book Value (PBV) as an instrument in assessing the value of shares traded on the stock exchange for companies listed on the Jakarta Islamic Index (JII) during 2024. The method used here is quantitative with a descriptive-comparative approach, relying on purposive sampling. Secondary data were obtained from annual financial reports and stock price information sourced from the Indonesia Stock Exchange (IDX). The main focus of this study is on the distribution of PBV and stock price grouping (undervalued, fairly valued, overvalued) to evaluate the extent to which PBV reflects the market's assessment of a company's book value. The findings of this study reveal variations in stock values among verified companies on the JII, where out of ten companies with sufficient trading liquidity, five were identified as undervalued and the other five as overvalued. This shows that PBV is useful in identifying patterns of market valuation of stocks, although it does not always accurately reflect fundamental conditions. This study confirms that PBV is an important valuation tool for investors, but it must be combined with other measures and observed over the long term to minimize the possibility of biased conclusions. Recommendations for further research include the use of various valuation measures and observation over a longer period of time.
Co-Authors Muhammad Aditya Mukhtaruddin Mukhtaruddin Nabil Fairil Renata