PENGARUH DEBT TO ASSET RATIO, RETURN ON ASSETS, DIVIDEND PAYOUT RATIO, ASSET GROWTH DAN PRICE EARNING RATIO TERHADAP NILAI PERUSAHAAN (TOBIN’S Q) PADA PERUSAHAAN PUBLIK SEKTOR DASAR KIMIA DI BURSA EFEK INDONESIA PERIODE TAHUN 2012 – 2016

Abstract

Company value is an investor's perception of the company which is often associated with stock prices. The company's goal to be achieved is to maximize shareholder wealth. Shareholders' wealth, among others, can be measured through stock prices. The purpose of the writing is to find out whether there is a relationship and influence of Debt to Asset Ratio, Return on Assets, Dividend Payout Ratio, Asset Growth and Price Earning Ratio to Firm Value in public companies based on chemical sector both simultaneously and partially. Sampling of this study is a public company based on the chemical sector listed on the Indonesia Stock Exchange (IDX). The sampling technique uses a purposive sampling method, there are ten companies in the basic chemical sector. The research data that has been obtained is analyzed by classical assumption test, correlation analysis techniques and multiple linear regression and hypothesis testing. The results showed partially Debt to Asset Ratio, Return on Assets, Dividend Payout Ratio, Price Earning Ratio had a significant effect on Firm Value, while Asset Growth did not have a significant effect on Firm Value. Simultaneously Debt to Asset Ratio, Return on Assets, Dividend Payout Ratio, Asset Growth and Price Earning Ratio have a significant effect on Corporate Values ​​on public companies in the basic chemical sector.