PENGARUH CURRENT RATIO (CR), DEBT TO EQUITY RATIO (DER) DAN RETURN ON ASSET (ROA) TERHADAP PRICE TO BOOK VALUE (PBV) PERUSAHAAN PERTAMBANGAN YANG TERDAFTAR PADA BURSA EFEK INDONESIA TAHUN 2020-2022
Keywords:
CURRENT RATIO, DEBT TO EQUITY RATIO, RETURN ON ASSET, PRICE TO BOOK VALUEAbstract
This study aims to determine and analyze the effect of the current ratio, debt to equity ratio and return on assets partially and simultaneously on the price to book value of mining companies listed on the Indonesian stock exchange in 2020-2022.
This study uses a quantitative method with data analysis using an associative approach. This research was conducted on the Indonesian stock exchange. The time of the research was conducted from April to June 2023. The population for this study was all mining companies listed on the Indonesian stock exchange, namely 80 companies. The sample selection in this study was carried out using purposive sampling so that 25 companies were obtained.
The results of this study indicate that: The partially Current Ratio has no effect on Price to Book Value with tcount=-0.468 < ttable=1.99394. Debt to Equity Ratio has no effect on Price to Book Value with tcount = 1.096 < ttable = 1.99394. Return On Assets has an influence on Price to Book Value with tcount = 5.279 > ttable = 1.99394. Simultaneously there is the influence of Current ratio, Debt to Equity Ratio and Return on Assets on Price to Book Value with fcount = 9.369 > ftable = 2.73.
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