THE INFLUENCE OF PRICE-TO-EARNING RATIO (PER) AND PRICE-TO-BOOK VALUE (PBV) ON STOCK PRICES IN THE AGRICULTURAL SECTOR LISTED ON THE INDONESIAN STOCK EXCHANGE

Authors

  • Meutia Handayani Politeknik Aceh
  • Rismadi Rismadi Politeknik Aceh
  • Rizki Ramadhan Politeknik Aceh
  • Mutia Arfiani Politeknik Aceh
  • Hilmi Hilmi Politeknik Aceh
  • Hidayatur Rizki Politeknik Aceh

DOI:

https://doi.org/10.29103/icofeb.v1i-.619

Keywords:

Price-to-earning ratio, price-to-book value, stock price

Abstract

This study aims to analyze the effect of price to earning ratio and price-to-book value on stock prices in the agricultural sector which are listed on the Indonesia Stock Exchange period 2016- 2022. The population of this study is a company with a PBV < 3 times. A purposive sample is the sample selection method in this study. Data that met the criteria was obtained from 70 data samples to be examined. Data analysis technique using multiple linear regression analysis. The results of testing the hypothesis in this study show that the price-to-earning ratio has no significant effect on stock prices, while the price-to-book value has a significant effect on stock prices in the agricultural sector which are listed on the Indonesia Stock Exchange.

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Published

2023-12-30