Media Mahardhika
Vol. 21 No. 2 (2023): January 2023

PENGARUH EARNING GROWTH, DEBT TO EQUITY RATIO DAN NET PROFIT MARGIN TERHADAP PRICE EARNING RATIO

Abdul Hadi (STIE Widya Darma Surabaya)
Agustina Dianova (STIE Widya Darma Surabaya)
Alfiya Nur Maulidyah (STIE Widya Darma Surabaya)



Article Info

Publish Date
30 Jan 2023

Abstract

The study aims to provide empirical data on the impact of profit growth (EG), debt toequity ratio (DER) and net income (NPM) on profitability ratios (PER) in lodging, restaurant and travel registered business entities (IDX) in 2018. The research method uses multiple regression analysis with data collection techniques through documentation. The results of the study explain that there is an effect of the debt to equity ratio and net income on the price/earnings ratio, but the development of earnings does not affect the price/earnings ratio. The impact of this research is that investors are advised to look at several other indicators besides profit (EG), debt to equity ratio (DER) and net income (NPM) to profitability ratio (PER) in representing the price earning ratio.

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Journal Info

Abbrev

mahardika

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

Description

MEDIA MAHARDHIKA is a peer-reviewed journal published by Department of Accounting, Faculty of Economics and Business, STIE MAHARDHIKA Surabaya Indonesia three times a year (Januari, May and September). MEDIA MAHARDHIKA aims to publish articles in the field of accounting and finance that provide ...