Article Sidebar

Download
PDF
Statistic
Read Counter : 148 Download : 173

Main Article Content

Abstract

This research aims to analyze the influence of Debt to Equity Ratio and Return on Asset on Price to Book Value within the Indonesian mining industry for the years 2020-2022. Utilizing a quantitative methodology and an associative approach, the study was carried out from April to June 2023. From a population of 80 mining companies listed on the Indonesia Stock Exchange, 25 were selected as samples through purposive sampling Findings suggest that the Debt to Equity Ratio does not significantly impact Price to Book Value. However, Return on Asset has a notable influence. Additionally, both variables collectively have an effect on Price to Book Value.

Keywords

Debt to Equity Ratio Return On Asset Price to Book Value

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Rahman, M. R. G. (2023). Correlation Study between Debt-Equity Ratio and Asset Returns with Relative Market Value to Book Value in the Indonesian Mining Industry (2020-2022). Advances: Jurnal Ekonomi & Bisnis, 1(4), 209–213. https://doi.org/10.60079/ajeb.v1i4.135
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Ahmad, L., & Munawir. (2018). Sistem Informasi Manajemen Buku Referensi. Lembaga KITA, Banda Aceh.
  2. Andari, A. T., & Bakhtiar, Y. (2019). Pengaruh Price Cash Flow Ratio (PCFR) Dan Price Sales Ratio (PSR) Pada Return Saham. Owner, 3(2), 184. https://doi.org/10.33395/owner.v3i2.158
  3. Bayu Nur Batin, & Ismanto, D. (2019). Pengaruh Current Ratio, Return on Equity dan Debt to Asset Ratio Terhadap Price Book Value Perusahaan Advertising, Printing Dan Media Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2017. Jurnal Fokus, 9(2).
  4. Bodie, Z., Kane, A., & M. A. J. (2015). Investasi Terjemahan Zuliani D.dan Budi Wibowo (Edisi keempat). Jakarta: Salemba.
  5. Brigham, E. F., & Houston, J. F. (2019). Dasar-dasar Manajemen Keuangan. Edisi Empat Belas. Buku Dua. Salemba Empat, Jakarta.
  6. Fahmi, I. (2017). Analisis Laporan Keuangan. Bandung: Alfabeta, CV.
  7. Fahmi, I. (2018). Pengantar Managemen Keuangan. Cetakan ke 6. Bandung: Cv Alfabeta.
  8. Ghozali, I. (2018). Aplikasi Analisis Multivariate dengan Program IBM SPSS 25. Badan Penerbit Universitas Diponegoro, Semarang.
  9. Harmono. (2014). Manajemen keuangan berbasis balance scorecard.pendekatan teori, kasus dan riset bisnis. Jakarta: Bumi Aksara.
  10. Hery. (2016). Analisis Laporan Keuangan. Jakarta: PT Grasindo.
  11. Husnan, S., & Pudjiastuti, E. (201x). Dasar-dasar Managemen Keuangan, Edisi Keenam. Yogyakarta: UPP, STIM, YKPM.
  12. I Made Sudana. (2019). Teori Dan Praktik: Manajemen Keuangan Perusahaan. Jakarta: Erlangga University Press.
  13. Jufri Sani Akbar. (2021). The Effect Of Return On Asset And Return On Equity On Price Book Value On Banking Companies Listed On The Indonesia Stock Exchange. Internasional Journal of Economic, Business and Accounting Research (IJEBAR), 5(2).
  14. Jumingan. (2014). Analisis Laporan Keuangan. Jakarta: Media Grafika.
  15. Kasmir. (2015). Bank dan Lembaga Keuangan Lainnya. Jakarta: PT. Raja Grafindo Persada.
  16. Kasmir. (2018). Analisis Laporan Keuangan. Jakarta: PT. Raja Grafindo Persada.
  17. Kumba Digdowiseiso, & Falya Azkia Putri. (2022). Pengaruh Debt to Equity, Price to Earning Ratio, dan Dividend Payout Ratio Terhadap Price Book Value Perusahaan Subsektor Hotel, Restoran, dan Pariwisata Yang Terdaftar Pada Bursa Efek Indonesia Pada Periode 2016-2020. Jurnal Ilmiah Indonesia, 7(3).
  18. Murhadi, W. R. (2015). Analisis Laporan Keuangan Proyeksi dan Valuasi Saham. In Salemba Empat.
  19. Sugiyono. (2016). Metode Penelitian Kuantitsatif, Kualitatif dan R&D. Bandung: PT Alfabet.
  20. Tsamara Athifah. (2021). Pengaruh Debt To Equity Ratio dan Return On Asset Terhadap Price Book Value Dengan Kepemilikan Manajerial Sebagai Variabel Moderasi. MANEGGIO Jurnal Imniah Magister Manajemen, 4(1).
  21. Weygandt, K. K. (2016). Financial Accounting 3e (IFRS Edition). Hoboken: Jhon Wiley & Sons, Inc.