Abstract

This study aims to determine the effect of parsiil and simultaneous price book value, price earnings ratio, earnings per share and dividend pay out ratio to stock returns on manufacturing companies listed in Indonesia Stock Exchange 2014-2016. The technique of determining the sample in this research is by using purposive sampling. There are several criteria that must be met by companies listed in Indonesia Stock Exchange to be a sample in this research. This research method uses multiple regression analysis which is used to know the influence of independent variable to dependent variable together and partially. The test t is used to test the influence of each price book value variable, price earning ratio, earnings per share and dividend pay out ratio) to stock return variables. Statistical test F aims to examine the influence of price book value variable, price earning ratio, earnings per share and dividend pay out ratio) together to stock return variables. Test R2 (Coefficient of determination) is done to find out how much influence the variable of price book value, price earning ratio, earnings per share and dividend pay out ratio to stock return variable. From result of t test known that price book value, earnings per share and dividend pay out ratio partially significant effect to stock return. Variable Price Earning Ratio partially no significant effect on stock return variables. From result of F test known that Price Book Value, Price Earning Ratio, Earning Per Share and Dividend Pay Out Ratio simultaneously have an effect on signifikan to variable Return of Shares In Manufacturing Company Listed In Indonesia Stock Exchange Year 2014 -2016.
 
 Keywords : PBV, PER, EPS, DPR, Stock Return

Highlights

  • The purpose of the investor / company to invest is to earn a profit or return large shares

  • The results showed that partially partially Price to Book Value (PBV) had an effect on Return of manufacturing company listed on Indonesia Stock Exchange period 2008 - 2011

  • X2 = Variable Price Earning Ratio X3 = Earning Per Share Variable X4 = Variable Dividend Pay Out Ratio a: constants b: regression coefficient e: error term b

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Summary

Introduction

The purpose of the investor / company to invest is to earn a profit or return (return) large shares. The expected return of investors from an investment can be realized in the form of capital gains and dividends. Capital Gain is the amount of stock that can provide benefits for investors. Dividends represent a portion of the company's profits that the company distributes to its shareholders based on the number of shares held. Not all stock returns can be realized in the form of dividends because in a public company there is a policy called dividend policy. In estimating the rate of return (rate of return) that will be obtained, investors first need to measure the company's financial performance. Financial performance will determine the high stock prices in the stock market. If the company's financial performance indicates a good prospect, International Journal of Economics, Business and Accounting Research (IJEBAR)

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