JIFA (Journal of Islamic Finance and Accounting)
Vol. 3 No. 1 (2020)

Pengaruh Faktor Fundamental Perusahaan Terhadap Price to Book Value

Rahayu, Maryati (Unknown)
Sari, Bida (Unknown)



Article Info

Publish Date
15 Jun 2020

Abstract

The purpose of this study was to analyze factors that affect Price to Book Value, by taking samples to manufacturing companies the industrial sector consumer goods who registered at the indonesian stock exchange the period 2015 – 2018 as many as 15 company. Based on t-test known investment decision which are proxied by price earn- ing ratio, capital structure which are proxied by debt to equity ra- tio, profitability which are proxied by return on asset ratio and size that influence the price to book value significanly. While institutional ownership have no effect on price to book value. Based on ANOVA test (F-test)) there are significant influences of investment decision, capital structure (DER), profitability (ROA), institutional owner- ship and size on the price to book value. The results of the coefficient of determination it can be concluded that the fifth of the independent variable affecting price to book value of 59,5%, while the rest 40,5% can be explained by other factors that is not incorporated into research. Keywords: PER, DER, ROA, Institutional Ownership,Size, Price to Book Value JEL Classification: G23, L25, L60, M41, O16, L69

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Journal Info

Abbrev

jifa

Publisher

Subject

Economics, Econometrics & Finance

Description

JIFA (Journal of Islamic Finance and Accounting) openly welcomes scholars, academicians, researchers, policyholders, lecturers, and practitioners to submit their high-quality research articles that correspond to the focus and scopes. This journal concerns on two primary areas, Islamic Finance and ...