Please use this identifier to cite or link to this item:
http://repository.ipb.ac.id/handle/123456789/109442
Title: | Pengaruh Debt to Equity Ratio dan Price to Book Value terhadap Harga Saham |
Other Titles: | The Effect of Debt to Equity Ratio and Price to Book Value on Stock Prices |
Authors: | Nugrahani, Endar Hasafah Lesmana, Donny Citra Sugiarto, Felicia |
Issue Date: | 2021 |
Publisher: | IPB University |
Abstract: | Pengaruh laporan keuangan suatu perusahaan tehadap harga sahamnya tidak
selalu sama, sehingga menjadi masalah bagi investor untuk mengetahui saham yang
bagaimana yang layak untuk dibeli. Penelitian ini bertujuan untuk mengetahui dan
menjelaskan pengaruh Debt to Equity Ratio (DER) dan Price to Book Value (PBV)
baik secara simultan maupun secara parsial terhadap harga saham. Pemilihan
sampel yang digunakan adalah enam perusahan semen yang sudah tercatat sebagai
emiten di Bursa Efek Indonesia (BEI) periode 2016 hingga 2018 dan mengeluarkan
laporan keuangan secara berkala setiap tahunnya. Variabel independen yang
digunakan dalam penelitian ini ada dua yaitu Debt to Equity Ratio dan Price to
Book Value, sedangkan untuk variabel dependen yang adalah harga saham.
Penelitian ini menggunakan model analisis regresi linier berganda. Hasil penelitian
menunjukkan bahwa variabel Debt to Equity Ratio dan Price to Book Value
berpengaruh signifikan negatif terhadap harga saham. Hal ini berarti jika DER dan
PBV semakin tinggi, maka harga saham akan semakin rendah. The effect of a company’s financial statements on its stock prices is not always the same, so it becomes a problem for investors to find out which stocks are worth buying. This study aims to determine and explain the effect of Debt to Equity Ratio (DER) and Price to Book Value (PBV) either simultaneously or partially on stock prices. The data used are stock prices of six cement companies that have been listed as issuers on the Indonesia Stock Exchange (IDX) for the period 2016 to 2018 and issue financial reports regularly every year. There are two independent variables used in this study, namely Debt to Equity Ratio and Price to Book Value, while the dependent variable used in this study is stock price. This research uses multiple linear regression analysis model. The results showed that the Debt to Equity Ratio and Price to Book Value variables had a significant negative effect on stock prices. It means if DER and PBV are higher, then the stock price will be lower. |
URI: | http://repository.ipb.ac.id/handle/123456789/109442 |
Appears in Collections: | UT - Actuaria |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
Cover.pdf Restricted Access | Cover | 938.35 kB | Adobe PDF | View/Open |
G94170051_Felicia Sugiarto.pdf Restricted Access | Fullteks | 1.29 MB | Adobe PDF | View/Open |
Lampiran.pdf Restricted Access | Lampiran | 1.01 MB | Adobe PDF | View/Open |
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.