Kewajaran Harga Saham Menggunakan Analisis Fundamental dengan Price Earning Ratio (PER) Sebagai Dasar Keputusan Investasi (Studi pada Perusahaan Subsektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Tahun 2013-2016)
| Main Author: | Nawangwulan A, Rery |
|---|---|
| Format: | Thesis NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2018
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| Subjects: | |
| Online Access: |
http://repository.ub.ac.id/165481/1/Rery%20Nawangwulan%20A.pdf http://repository.ub.ac.id/165481/ |
Daftar Isi:
- Investment is an activity that encourages the growth of the economy and the rate of economic growth has a positive effect on investment theoretically. This Statement is in accordance with UU no. 25 Year 2007 that the purpose of investment increases the national economic growth. Investors who want to invest, they need to have an insight into investments to minimize risk therefore they can use one of analytical thing in valuation of stock price which is Price Earning Ratio (PER). This study aims to determine the relationship between Return On Equity (ROE), Earning Per Share (EPS), Earning Growth (EG), Dividend Payout Ratio (DPR) towards Price Earning Ratio (PER). This study uses type of explanatory research with quantitative approach. The population of this study is consumer goods Industry Company listed on the Indonesia Stock Exchange which are 37 companies. Technique of data retrieval which is used by this study is purposive sampling which produces 8 companies based on the criteria fulfillment. This study uses descriptive analysis, classical assumption test, and regression analysis. The results of this study indicate that Return On Equity (ROE), Earning Per Share (EPS), Earning Growth (EG), Dividend Payout Ratio (DPR) simultaneously can affect Price Earning Ratio (PER) of 60,1% and the remaining 39,9% are influenced by other variables which is not included in this study. Partially, variable of Return on Equity (ROE) has significant effect towards Price Earning Ratio (PER). Variable of Earning Per Share (EPS) has no effect on Price Earning Ratio (PER). Dividend Payout Ratio (DPR) variable has significant effect toward Price Earning Ratio (PER). Earning Growth (EG) variable has no effect on Price Earning Ratio (PER).