No open-access location is known for this record yet.
No open-access location is known for this record yet.
Every investor surely wants to gain high return from their investment. Gaining high return, investors need enough information from the issuer that can be obtained from financial report. Financial report contains much information about company. It also can be summarized into financial ratios. Some researchers found that financial ratios have impact toward Stock return. In this research, there will be explanation about the effect of Price to Book Value (PBV), Dividend Payout Ratio (DPR), Return on Equity (ROE), Return on Asset (ROA), and Earning per Share (EPS) toward issuers included in LQ 45 Index. LQ 45 Index is chosen because it has high liquidity and hopefully be able to give whole image of stocks in Indonesia. Sample of this research are issuers included in LQ 45 Index during research period, 2006 until 2011. Based on those criteria, there are seventeen issuers that become sample of this research. The data used in this research obtained from Jakarta Stock Exchange and Indonesian Capital Market Directory (ICMD) published each year. Findings of this research show that Price to Book Value (PBV), Dividend Payout Ratio (DPR), and Earning per Share (EPS) have positive and significant effect toward Stock return of LQ 45 Index with level of significance by 5%. PBV, DPR, and EPS simultaneously also have significant effect toward Stock return of LQ 45 Index. Based on explanation above, financial ratio such as Price to Book Value (PBV), Dividend Payout Ratio (DPR), and Earning per Share (EPS) should be considered by investors who want to invest their money in stocks.
Loading…
Stored only when both papers are in the corpus — 19 citations exist upstream.
Papers that cite the same references — the relational fallback while embeddings are still backfilling.
Imported from OpenAlex (CC0) — nothing here is generated.