ANALISIS SAHAM PERUSAHAAN BADAN USAHA MILIK NEGARA (BUMN) DAN NON BUMN YANG TERDAFTAR DI BURSA EFEK INDONESIA DENGAN PENDEKATAN PRICE EARNING RATIO (PER) DAN PRICE BOOK VALUE(PBV)
| Main Author: | Prabawa, Sri Adji |
|---|---|
| Format: | Article PeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
Program Magister Manajemen Universitas Bengkulu
, 2014
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| Subjects: | |
| Online Access: |
http://repository.unib.ac.id/7124/1/vol%2013%20no%203%20gb.pdf http://repository.unib.ac.id/7124/ |
Daftar Isi:
- This s tudy is to identi fy h ow sh are pri c es of s tate o wn ed e nte r p rise and p riv ate e nte rprise liste d at I nd o nes i a St oc k E xch ang e ( I D X) det er mi n ed fai rly b oth b y P ri ce Earning Ratio (P ER ) and P ri c e To B o o k V al ue ( P B V ) ap p ro ac h a nd h o w i ts e ffi c i e nc y . Thresult s how stocks whic h c ons i s te ntl y und e rv al u e d b ot h by P ER a n d P BV a p p ro ac h a r e t wo state-o wn ed s ha re s , n am ely : PT Ban k Mandiri Tbk a n d PT Wijaya Ka r y a Tbk , wh il e there a re fou r p ri vate e n terp rises shares c onsi s tently un dervalue d n amely , PT XL Ax iata Tbk, PT Ban k Da nam on Tbk, PT Petrosea Tbk, an d PT Nic ke l Asia Corp.Tbk. The results al so s howed PT Wijaya Karya T b kan d PT Nic kel Asia Corp. Tbk i s mo re e ffi c i ent th an t he oth er fou r s toc ks und e rvalue d . However, w hen vi e we d from th e a bi l ity to p rodu ce the h i ghe st op erating pro fit a re PT Bank Mandiri Tbk, PT Bank Danamon Tbk followed , PT XL Axia ta Tbk, PT Petros ea Tbk , an d PT Wijaya Ka r ya Tbk a n d t h e l as t i s PT Nickel Asia Corp. Tbk . Ov er al l th e resu lts of th e identi fication of un derva l ued stocks i n the study engag ed i n ba nking, c onstructio n, mi ning and telecommunications sectors.