PENGARUH PRICE TO EARNINGS RATIO, DEBT TO EQUITY RATIO, RETURN ON ASSET DAN PRICE TO BOOK VALUE TERHADAP HARGA PASAR SAHAM
Abstrak: The
objective of this
research is to
find out the
influence of internal fundamental variables on the stock
market price. Internal fundamental variables in this research
are Price to
Earnings Ratio (PER),
Debt to Equity
Ratio (DER), Return on Assets
(ROA) and Price to Book Value (PBV). Data for this research are stocks closing
price in the
stock exchange, the
PER, DER, ROA
and PBV of 14 stocks of
LQ45 from 1st
quarter in 2002
to 4th quarter
in 2006. These
data are tested with Panel Data
Regression Model. The result of study shows that the PER, DER and
PBV have significant
influence on the
stock market price,
but the ROA has not influence on the stock market
price.
Keywords: Price to
Earnings Ratio, Debt to
Equity Ratio, Return
on Assets, Price to Book Value, stock market price
Penulis: STELLA
Kode Jurnal: jpakuntansidd090033
