THE EFFECT OF RETURN ON ASSET, RETURN ON EQUITY, DEBT TO EQUITY RATIO, EARNING PER SHARE AND PRICE EARNING RATIO ON COMPANY VALUE
Abstract
This study aims to determine the magnitude of the influence of Return On Asset, Return On Equity, Debt To Equity Ratio, Earning Per Share and Price Earning Ratio on the Value of the Indonesia Stock Exchange Company in 2019-2023 in the company PT. Bukit Uluwatu Villa Tbk., PT. Destinasi Tirta Nusantara Tbk., PT. Pembangunan Graha Lestari Indah Tbk. PT. Pembangunan Jaya Ancol Tbk., PT. Eastparch Hotel Tbk. And PT. Pioneerindo Gourmet Internasional Tbk partially and simultaneously. The method used in this study is a descriptive verification method. The data used are secondary data obtained from BEI data and/or annual report data for each company which includes data on Return On Asset, Return On Equity, Debt To Equity Ratio, Earning Per Share and Price Earning Ratio and Company Value. Statistical tests used in this study are classical assumption tests, correlation coefficient analysis, determination coefficient analysis and hypothesis testing using the SPSS Statistics software program. The 36.5% influence of ROA, ROE, DER, EPS, and PER on company value indicates a significant but not dominant influence. This means that while these factors are important, companies must also consider external factors and non-financial business strategies to increase their company value. Furthermore, investors should consider other factors before making investment decisions.
Downloads
Copyright (c) 2026 Ibnu Muharrom, Nor Norisanti, Kokom Komariah
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
