ANALISIS PENGARUH RETURN ON EQUITY, DEBT TO EQUITY RATIO, CURRENT RATIO, DAN PRICE TO BOOK VALUE TERHADAP RETURN SAHAM SYARIAH (Studi Kasus pada Perusahaan Yang Terdaftar Dalam Jakarta Islamic Index Periode 2011-2015)
ABSTRACT: This research aims
to determine the influence of variables consisting of Return On Equity, Debt to
Equity Ratio, Current Ratio, and privce to Book Value of the stock returnof
sharia in the companies belonging to the Jakarta Islamic Index (JII) in the
year 2007-2011. Sharia stocks are stocks in Jakarta Islamic Index (JII) are
corporations stockswhile are in operation not contradiction with Islamic
Sharia, either on the product or itsmanagement. The grouping of Sharia stocks
are in Jakarta Islamic Index (JII) in theJakarta Stock Exchange. This research
uses secondary data obtained from the financialstatements of companies
belonging to the Jakarta Islamic Index (JII). Sampling was done by purposive
sampling method, the number of samples used by 14 companies. Theanalytical
method used in this research is multiple linear regression method. The resultsof
this study indicate that the Return On Equity, Debt to Equity Ratio, Current
Ratio andPrice to Book Value simultaneously significant effect on stock
returns. The results of the analysis of partial Return On Equity significant
negative effect, while the Debt to EquityRatio and Price to Book Value
significant positive effect, the Current Ratio is not significant positive
effect on stock returns. The results showed that 42.7% of variation variable
stock returns can be explained by the variable Return On Equity, Debt to EquityRatio,
Current Ratio and Price to Book Value. While 57.3% stock return variable variation
explained by other factors.
Keywords: Return On Equity,
Debt To Equity Ratio, Current Ratio, Price To Book Value, Stock Return
Penulis: Agung Anugrah,
Muhamad Syaichu
Kode Jurnal: jpmanajemendd170847
