PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO, NET PROFIT MARGIN, DAN TOTAL ASSETS TURNOVER TERHADAP PRICE TO BOOK VALUE SUB SEKTOR OTOMOTIF YANG TERDAFTAR DI BURSA EFEK INDONESIA

Rosidi Rosidi; Rizki Pratomo Sunarwibowo

Rosidi Rosidi Universitas Budi Luhur
Rizki Pratomo Sunarwibowo Universitas Budi Luhur

Keywords: current ratio, debt to equity ratio, net profit margin, total asset turnover, price to book value

Abstract

This research aims to find empirical evidences regarding the influence of Current Ratio, Debt To Equity Ratio, Net Profit Margin and Total Asset Turnover on price book value in the automotive and component sub-sectors listed on the IDX for the period 2012-2016.The method of determining the sample using by Purposive Sampling method with 8 samples of automotive sub-sector companies. This Research using secondary data in the form of Company Financial Statements. The analytical method used is the classic assumption test, correlation coefficient test, multiple linear regression test panel data, hypothesis testing and coefficient of determination test using statacorp program (stata 14.1) and using generalized least square model and miscrosoft excel 2007.The result shows that Current Ratio, Net Profit Margin And Total Asset Turnover has significantly influence on Price to Book Value, but debt to equity ratio hasnâ€™t a significant influence on the dependent variable Price to Book Value