Pengaruh Current Ratio (Cr), Debt To Equity Ratio (Der) Dan Return On Asset (Roa) Terhadap Price To Book Value (Pbv) Pada Perusahaan Manufaktur Sub Sektor Otomotif
| Main Authors: | Yoyo Sudaryo, Suhendar, Muhammad Yusuf, Kharina Suciana, Mohamad Arfiman Yosep, Mohd Hassan Che Haat, Zikri Muhammad, Mohd Yusoff Yusliza, Jumadil Saputra |
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| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
LPPM STIE Tridharma
, 2022
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| Subjects: | |
| Online Access: |
http://jurnal.stietridharma.ac.id/index.php/jam/article/view/50 http://jurnal.stietridharma.ac.id/index.php/jam/article/view/50/11 |
Daftar Isi:
- Abstract Automotive Industry is an industry with activities of designing, developing, producing, marketing and selling as well as carrying out after-sales of motorized vehicles. Along with the times and the current era of globalization, business competition between companies, especially automotive companies, has become very tight. The purpose of this study was to determine the effect of Debt to Equity Ratio and Return on Assets on Price To Book Value in automotive sub-sector manufacturing companies for the 2015-2020 period. The research method used is a quantitative method with a descriptive and verification approach. The data source used is secondary data. In this study, the population used is the annual financial statements of Indonesian automotive companies during the 2015-2019 period, with purposive sampling as a sample. It is known for each value of Current Ratio, Debt to Equity Ratio and Return on Assets based on descriptive analysis, namely (1) Current Ratio means 1.71% and standard deviation is 0.975% (2) Debt to Equity Ratio has a mean of 1.55 % and a standard deviation of 1.053% (3) Return on Assets has a mean of 7.50% and a standard deviation of 8.47% (4) Price to Book Value has a mean of 1.12% and a standard deviation of 1.21% . The results showed that Price to Book Value and Debt to Equity Ratio were in the healthy category, Current Ratio and Return On Assets were in the unhealthy category. From the results of the regression test, which shows that the Current Ratio has a significant effect on Price to Book Value with a contribution of 74.8%, Debt to Equity Ratio has an effect on Price to Book Value with a contribution of 65.5%, and Return On Assets has an effect on Price to Book Value with a contribution of 64.8%. Simultaneous regression test results show Current Ratio, Debt to Equity Ratio and Return On Assets have a significant effect on Price to Book Value with a contribution of 81.1%. Keywords: Current Ratio, Debt to Equity Ratio, Return On Assets and Price to Book Value Abstrak Industri Otomotif adalah industri dengan kegiatan merancang, mengembangkan, memproduksi, memasarkan dan menjual serta melakukan purna jual kendaraan bermotor. Seiring dengan perkembangan jaman dan era globalisasi saat ini menjadikan persaingan bisnis antar perusahaan khususnya perusahaan otomotif menjadi sangat ketat. Tujuan Penelitian ini untuk mengetahui pengaruh Current Ratio, Debt to Equity Ratio dan Return on Assets terhadap Price To Book Value pada perusahaan manufaktur sub sektor otomotif periode 2015-2020. Metode penelitian yang digunakan adalah metode kuantitatif dengan pendekatan deskriptif dan verifikatif. Sumber data yang digunakan yaitu data sekunder. Populasi yang digunakan yaitu laporan keuangan tahunan perusahaan otomotif Indonesia selama Periode 2015-2019, dengan pengambilan sampel purposive sampling. Diketahui untuk masing-masing nilai Current Ratio, Debt to Equity Ratio dan Return on Assets berdasarkan analisis deskriptif yaitu (1) Current Ratio mean 1,71% dan standar deviasi sebesar 0,975% (2) Debt to Equity Ratio memiliki mean sebesar 1,55% dan standar deviasi sebesar 1,053% (3) Return on Assets memiliki mean sebesar 7,50% dan standar deviasi sebesar 8,47% (4) Price to Book Value memiliki mean sebesar 1,12% dan standar deviasi sebesar 1,21%. Hasil penelitian menunjukkan bahwa Price to Book Value dan Debt to Equity Ratio berada dalam kategori sehat, Current Ratio dan Return On Assets berada dalam kategori tidak sehat. Dari hasil uji regresi, yang menunjukkan bahwa Current Ratio berpengaruh signifikan terhadap Price to Book Value dengan kontribusi sebesar 74,8%, Debt to Equity Ratio berpengaruh terhadap Price to Book Value dengan kontribusi sebesar 65,5%., dan Return On Assets berpengaruh terhadap Price to Book Value dengan kontribusi sebesar 64,8%. Hasil uji regresi secara simultan menunjukkan Current Ratio, Debt to Equity Ratio dan Return On Assets berpengaruh signifikan terhadap Price to Book Value dengan kontribusi sebesar 81,1% Kata Kunci: Current Ratio, Debt to Equity Ratio, Return On Asset dan Price to Book Value