Pengaruh Price Earnings Ratio dan Price to Book Value terhadap Return Saham Indeks LQ 45 (Perioda 2007-2009)
Abstract: This study purposes
to determine the effect of Price Earnings Ratio (PER) and Price to Book Value
(PBV) simultaneously and partially towards LQ 45 index stock return. The sample
is taken from LQ 45 index constituent company for period August 2006 until
January 2007 at Indonesian Stock Exchange. Dependent variable in this study is
stock return, while Price Earnings Ratio (PER) and Price to Book Value (PBV) as
independent variables. This study used Moderated Regression Analysis as a
method of data analysis.
Based on the results of testing and analysis of data concerning the
influence of Price Earnings Ratio (PER) and Price to Book Value (PBV) of stock
return, found that the partial Price Earnings Ratio (PER) has a negative
influence and Price to Book Value (PBV) has no effect on stock returns while
simultaneously Price Earnings Ratio (PER) and Price to Book Value (PBV) has no
effect on stock returns.
Keywords: Price Earnings
Ratio, Price to Book Value, and Stock Return
Penulis: Meythi, Mariana
Mathilda
Kode Jurnal: jpakuntansidd120163
