Current Ratio, Firm Size, and Return on Equity on Price Earnings Ratio with Dividend Payout Ratio as a Moderation and Firm Characteristic as Control Variable on the MNC 36 Index Period 2017-2021

Abstract

This study aims to determine the effect of the Current Ratio, Company Size, Return on Equity, and Dividend Payout Ratio on the Price Earnings Ratio on the MNC36 index for the 2017-2021 period. The population and samples used in this study were to use the purposive sampling method which was selected based on specific criteria in accordance with the purpose of the study. Thus, the number of samples in this study was 77 companies. This study used secondary data. The analysis method in this study is multiple linear regression analysis using SPSS 22.0 and Smart PLS 4.0 software. The results of the research obtained are that DPR has a positive and significant effect on the Price Earnings Ratio. In contrast, the Current Ratio, Company Size, and Return on Equity do not have a significant effect on the Price Earnings Ratio.

Determinants of stock price performance in the Indonesian basic industry

“…Their results showed that Firm Size negatively affects the Price-Earning ratio, as markets are more willing to invest in smaller firms. However, the result in this study aligns with the previous study by Renaldo et al (2023) in the MNC 36 Index during 2017-2021. Their research indicated no significant effect of Size on PE.…”

Financial Performance and Market Trends in the Global Financial Services Company Goldman Sachs Group, Inc

“…The article also discusses the actions taken by financial institutions to prepare for the coronavirus pandemic, as well as the predicted growth of the global financial services market. GS's 2022 Annual Report addresses the company's business mix challenges in 2021, such as low capital markets issuance activity and declining equities and fixed income (Hudson, 2010;Renaldo et al, 2023;Rohmatika et al, 2022). The report also emphasizes the company's client focus and strategy for meeting financial targets throughout the cycle.…”

“…Several studies have been conducted to investigate the challenges and opportunities that GS faces. According to a (Renaldo et al, 2023) study, the global financial services industry is witnessing a number of important changes, including the rise of fintech companies, the expanding relevance of data and analytics, and the increasing regulatory load on financial services firms. These shifts confront GS and other financial services organizations with both problems and opportunity.…”

“…Technological breakthroughs, macroeconomic trends, and regulatory changes are driving fast transformation in the global financial services industry (Renaldo et al, 2023;Wang & Zhang, 2023). To make informed judgments in this volatile terrain, it is critical to understand the financial performance and market trends of significant financial services organizations (McCarthy & Alaghband, 2023).…”

Esg Impact on Tobin's Q: Business Environment Moderation in Chinese Listed Corporations

“…The asset growth rate was derived by dividing the discrepancy between the company's end-of-period total assets and the total assets at the beginning of the period by the latter (Wong et al, 2021). The computation of the current ratio involved the division of the company's current assets by its current liabilities (Renaldo et al, 2023). Reflecting the institutional investor composition within the company's shareholder landscape, the proportion of institutional investors was ascertained as the ratio of their holdings to the total outstanding shares (Demers et al, 2021).…”