Muqaddimah: Jurnal Ekonomi, Manajemen, Akuntansi dan Bisnis
Vol. 3 No. 1 (2025): Jurnal Ekonomi, Manajemen, Akuntansi dan Bisnis

Nilai Perusahaan dalam Formula Tobin’s Q Ratio

Solikhatul Ana (Unknown)
Doni Teguh Wibowo (Unknown)



Article Info

Publish Date
03 Jan 2025

Abstract

Research on the value of companies in this Tobin's Q Ratio formula, how the level of market value equity, and the level of corporate debt in the model are able to measure the value of companies. The design of this study uses a descriptive analysis method, which is explanatory which explains the analysis in the Tobin's Q Ratio formula as a tool for company value. This study adopts the Tobin's Q Ratio model used as an analytical framework in measuring the value of non-cycliclas consumer sector manufacturing companies listed on the Indonesia Stock Exchange. The results of the study were obtained, the Q Ratio which was categorized as successful by being able to manage the company's assets to liabilities; AMRT, ICBP, CPIN, UNVR, HMSO, MYOR, and CMRY. Companies in the failed category are not able to manage the company's assets to liabilities; INDF, GGRM, and JPFA. The advantage of using the Tobin's formula is that it can summarize relevant information in making investment decisions. In this formula, a company can increase share capital if the Q ratio is high because if the Tobin's Q value is above, the company will produce a higher rate of return compared to that incurred by the cost of assets. Tobin's Q as a tool to measure the value of a company, is able to provide an overview of the fundamental aspects of the company and the market's view of the company.

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Journal Info

Abbrev

MUQADDIMAH

Publisher

Subject

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

Description

Kajian-kajian tersebut diharapkan dapat memperkaya khasanah keilmuan di bidang manajemen dan bisnis sehingga dapat menjadi salah satu referensi bagi para akademisi, pemangku kepentingan dan masyarakat luas. Manajemen SDM Keuangan Akutansi Ekonomi ...