Pengaruh Price Earning Ratio Dan EV/EBITDA Terhadap Harga Saham Perusahaan Properti di Bursa Efek Indonesia

Abstract

Penelitian ini dilakukan pada perusahaan-perusahaan sektor properti di bursa efek indonesia dengan tujuan untuk mengetahui pengaruh Price Earning Ratio dan EV/EBITDA terhadap harga saham perusahaan properti. Analisis data penelitian ini menggunakan analisis regresi berganda dengan menggunakan program SPSS. Analisis didahului dengan analisis analisis asumsi klasik sebagai syarat untuk mengolah data analisi regresi berganda. Dari hasil penelitian diperoleh bahwa price earning ratio dan EV/EBITD secara simultan dan parsial tidak berpengaruh signifikan terhadap harga saham perusahaan properti di Bursa Efek Indonesia. Bagi para investor yang ingin berinvestasi pada perusahaan properti di Bursa Efek Indonesia agar tidak terlalu melihat aspek price earning ratio ketika menilai harga saham dari perusahaan tersebut.
 This research was conducted on property sector companies on the Indonesian stock exchange with the aim of knowing the effect of Price Earning Ratio and EV/EBITDA on the stock prices of property companies. The data analysis of this study used multiple regression analysis using the SPSS program. The analysis is preceded by an analysis of classical assumption analysis as a condition for processing multiple regression analysis data. From the results of the study, it was found that the price earning ratio and EV/EBITDA simultaneously and partially had no significant effect on the stock price of property companies on the Indonesia Stock Exchange. For investors who want to invest in property companies on the Indonesia Stock Exchange, they should not look too much at the price earning ratio aspect when assessing the stock price of the company.

The Effect of Profitability on Stock Prices with Capital Structure as a Moderating Variable in Manufacturing Sub-Sector Companies for The Period 2019-2022

“…Although the effect of DER on stock prices may not be partially significant, overall, capital structure and DER value have an important impact in shaping investors' perceptions of company risk, which in turn can affect the company's stock price. The results of this study are in line with research conducted by Fahrozi & Muin (2020) which states that capital structure has no effect on stock prices. The same results shown by Horas et al (2023) found that capital structure has no effect on stock prices.…”

“…According to Husna & Sunandar (2022) the stock price is the price in the real market, and is a price that is very easy to predict because it is the price of a share in the ongoing market. Furthermore, Fahrozi & Muin (2020) explain that the share price is the value of shares that occurs due to shares being traded. According to Fahrozi & Muin (2020), stock prices actually always move up and down following the demand and supply that occurs in the stock market.…”

“…Furthermore, Fahrozi & Muin (2020) explain that the share price is the value of shares that occurs due to shares being traded. According to Fahrozi & Muin (2020), stock prices actually always move up and down following the demand and supply that occurs in the stock market. In this context, the relationship between stock prices and the dynamics of demand and supply of shares in the market is the main determining factor in the formation of stock prices.…”

“…Profitability is the company's ability to earn profits in relation to sales, total assets, and own capital. Investors like this profitability because it is directly related to the ability of a company to generate profits (Fahrozi & Muin, 2020). Then according to Nurwulandari et al (2021) profitability refers to the capacity of a company to generate profits based on its relation to revenue from sales, as well as in a broader context, to the total value of assets or capital owned by the company.…”

Pengaruh Inflasi, Tingkat Suku Bunga, Nilai Tukar, dan Struktur Modal terhadap Return Saham Perusahaan Sektor Farmasi

“…Peningkatan DER bertujuan untuk menjaga kestabilan arus kas terutama masa pandemi. Dalam ketentuan fasilitas kredit, seluruh perusahaan farmasi yang digunakan masih dibawah dari rata-rata sehingga DER tidak berpengaruh signifikan terhadap return saham (Fahrozi & Muin, 2020).…”