The Influence of Return on Equity and Price Earnings Ratio to ward Price to Book Value

Abstract

This study is to determine the effect of Return On Equity (ROE) and Price Earning Ratio (PER) on Price to Book Value in LQ45 Category Companies Listed on the Indonesia Stock Exchange in 2015-2018. The research method used in this research is descriptive analysis with a survey approach. The analytical method used is Panel Data Regression using eviews 9. Based on the results of data processing it is known that partially Return On Equity (ROE) has a positive and significant effect on Price to Book Value (PBV) and Price Earning Ratio (PER) positive and insignificant effect against Price Book Value (PBV). Then together Return On Equity (ROE) and Price Earning Ratio (PER) significantly influence the Price Book Value (PBV) of LQ 45 Companies Listed on the Indonesia Stock Exchange in 2015-2018.