Abstract

This study aimed to determine the effect of Debt Equity Ratio (DER), Firm Size, Net Profit Margin (NPM), Earning Per Share (EPS), Return On Equity (ROE), and Economic Value Added (EVA) to Price Book Value (PBV). This study is still conducted regards different result of various research. The research was conducted using secondary data. The population in this study are all property and real estate companies listed on the Indonesia Stock Exchange (IDX) of the year 2011-2015. The sampling method applies purposive sampling technique. The data is analysis uses data panel regression analysis. The results of the regression analysis showed that the Debt Equity Ratio and Earning Per Share has no effect on Price Book Value (PBV). Firm Size, Net Profit Margin, and Economic Value Added has negatively effects and significants on Price Book Value (PBV), while the Return On Equity positively affect and significant on Price Book Value (PBV). Adjusted R-Squared value is 0.3043, These results indicate that the variable ability of Debt Equity Ratio (DER), Firm Size, Net Profit Margin (NPM), Earning Per Share (EPS), Return On Equity (ROE), and Economic Value Added (EVA) to explain of Price Book Value is 30.43% while the remaining 69.57% is explained by other variables.

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