Nurhadyanti, Siti
Unknown Affiliation

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

Found 1 Documents
Search

Pengaruh Return On Asset, Debt To Equity Dan Ukuran Perusahaan Terhadap Price To Book Value Pada Sektor Transportasi Dan Logistik Tahun 2019-2023 Nurhadyanti, Siti; Wirman, Wirman
Jurnal Ilmiah Wahana Pendidikan Vol 11 No 12.C (2025): Jurnal Ilmiah Wahana Pendidikan
Publisher : Peneliti.net

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aims to analyze the influence of Return on Asset (ROA), Debt to Equity Ratio (DER), and Firm Size on Price to Book Value (PBV) in transportation and logistics companies listed on the Indonesia Stock Exchange during the period of 2019–2023. The research adopts a quantitative approach using multiple linear regression analysis. Data were collected from annual financial reports, with 55 observations selected through purposive sampling. The results show that simultaneously, ROA, DER, and Firm Size significantly affect PBV. However, partially, only DER has a significant and positive effect on PBV, while ROA and Firm Size do not show a significant impact. The Adjusted R Square value of 0.938 indicates that 93.8% of the variation in PBV can be explained by the three independent variables. These findings highlight the importance of capital structure as the main determinant of firm value, particularly during periods of economic uncertainty.