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Effect of Return on Assets, Debt to Equity Ratio, Earning Per Share, Dividend Payout Ratio, Price to Book Value and Earning Growth to Price Earnings Rasio (In Companies Incorporated in the LQ45 Index for the Period 2011 - 2015)

Bambang Tri Utomo, Mia Laksmiwati
2019 Proceedings of the Proceedings of the 1st Workshop on Multidisciplinary and Its Applications Part 1, WMA-01 2018, 19-20 January 2018, Aceh, Indonesia   unpublished

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One of the fundamental analysis most commonly used by investors and securities analysts in assessing the price of a stock is by Price Earnings Ratio (PER) approach, which illustrates the willingness of an investor to pay a certain amount for each IDR earnings company. The purpose of this study is to analyze the variables that affect the Price Earnings Ratio of companies incorporated in the LQ 45 period 2011-2016. The variables are Return on Assets, Debt to Equity Ratio, Earning per Share,
more » ... nd Payout Ratio, Price to Book Value and Earning Growth. Sampling was done by purposive sampling and resulted 22 companies. The analysis technique use multiple linear regression. Hypothesis testing is done by using t test and model feasibility test. The result of research shows that the variable of Return On Assets, Dividend Payout Ratio, and Price To Book Value have positive and significant effect to Price Earnings Ratio, while Debt to Equity Ratio, Earning Per Share and Earning Growth variables have negative and not significant effect on Price Earnings Ratio. The coefficient of determination of 0.865 which means that the ability of the regression model to predict is 86.5%.
doi:10.4108/eai.20-1-2018.2281869 fatcat:yevvxplmhndhfhlhjlcvro7wea
Citation

Bambang Tri Utomo, Mia Laksmiwati. "Effect of Return on Assets, Debt to Equity Ratio, Earning Per Share, Dividend Payout Ratio, Price to Book Value and Earning Growth to Price Earnings Rasio (In Companies Incorporated in the LQ45 Index for the Period 2011 - 2015)." Proceedings of the Proceedings of the 1st Workshop on Multidisciplinary and Its Applications Part 1, WMA-01 2018, 19-20 January 2018, Aceh, Indonesia (2019)