Effect of Market Value Ratios on Stock Return The Islamic Stock Exchange

Abstract

The purpose of this study was to test the influence of variable PER and PBVR against return stock Jakarta Islamic Index. Sampling by using purposive sampling technique, obtained samples as many as 8 companies that entered in the stock Jakarta Islamic Index during the period 2014-2017. Data analysis techniques using multiple linear regression. Hypothesis testing using the t-test statistics to partially and simultaneously use the F-test significant level of 5%. Research results either partially or simultaneous shows that PER and PBVR has no effect against the return of the stock. For the ability of prediction of PER and PBVR against stock return of 12%, the remaining 88% other factors influenced.