The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange
The research objectives to examine the magnitude of the significant influence between financial ratios and the market based ratio toward the stock price of manufacturing industry sector in Indonesia Stock Exchange (IDX). In accordance IDX data by December 2013, the number of companies, included in t...
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| Format: | Article |
| Language: | English |
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Bina Nusantara University
2015-11-01
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| Series: | Binus Business Review |
| Subjects: | |
| Online Access: | https://journal.binus.ac.id/index.php/BBR/article/view/953 |
| _version_ | 1797723103066849280 |
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| author | Mulyono Mulyono |
| author_facet | Mulyono Mulyono |
| author_sort | Mulyono Mulyono |
| collection | DOAJ |
| description | The research objectives to examine the magnitude of the significant influence between financial ratios and the market based ratio toward the stock price of manufacturing industry sector in Indonesia Stock Exchange (IDX). In accordance IDX data by December 2013, the number of companies, included in the stock of the manufacturing industry sector, is 139 companies. Based on the analysis, it is concluded that the variable return on assets (ROA) and price to book value (PBV) has positive influence on stock prices. It can be interpreted that the higher the return on assets ratio and price to book value, the more positive influence on the increase of the stock price. The variable debt to equity ratio (DER) and price earnings ratio (PER) has negatively influence the stock price on the stock of manufacturing industry sector. This can be interpreted the higher the value of the debt to equity ratio and price earnings ratio, the more negatively influence on the decrease stock price. |
| first_indexed | 2024-03-12T09:58:11Z |
| format | Article |
| id | doaj.art-29be70a6f7c8447f928ab6c1df609042 |
| institution | Directory Open Access Journal |
| issn | 2087-1228 2476-9053 |
| language | English |
| last_indexed | 2024-03-12T09:58:11Z |
| publishDate | 2015-11-01 |
| publisher | Bina Nusantara University |
| record_format | Article |
| series | Binus Business Review |
| spelling | doaj.art-29be70a6f7c8447f928ab6c1df6090422023-09-02T11:59:53ZengBina Nusantara UniversityBinus Business Review2087-12282476-90532015-11-016343143810.21512/bbr.v6i3.953831The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock ExchangeMulyono Mulyono0Bina Nusantara UniversityThe research objectives to examine the magnitude of the significant influence between financial ratios and the market based ratio toward the stock price of manufacturing industry sector in Indonesia Stock Exchange (IDX). In accordance IDX data by December 2013, the number of companies, included in the stock of the manufacturing industry sector, is 139 companies. Based on the analysis, it is concluded that the variable return on assets (ROA) and price to book value (PBV) has positive influence on stock prices. It can be interpreted that the higher the return on assets ratio and price to book value, the more positive influence on the increase of the stock price. The variable debt to equity ratio (DER) and price earnings ratio (PER) has negatively influence the stock price on the stock of manufacturing industry sector. This can be interpreted the higher the value of the debt to equity ratio and price earnings ratio, the more negatively influence on the decrease stock price.https://journal.binus.ac.id/index.php/BBR/article/view/953Indonesia Stock Exchange, manufacturing industry sector, financial ratio |
| spellingShingle | Mulyono Mulyono The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange Binus Business Review Indonesia Stock Exchange, manufacturing industry sector, financial ratio |
| title | The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange |
| title_full | The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange |
| title_fullStr | The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange |
| title_full_unstemmed | The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange |
| title_short | The Effects of Financial Ratio and Market Based Ratio toward the Stock Price of Manufacturing Industry Sector in Indonesia Stock Exchange |
| title_sort | effects of financial ratio and market based ratio toward the stock price of manufacturing industry sector in indonesia stock exchange |
| topic | Indonesia Stock Exchange, manufacturing industry sector, financial ratio |
| url | https://journal.binus.ac.id/index.php/BBR/article/view/953 |
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