PENGARUH CURRENT RATIO (CR) DAN RETURN ON EQUITY (ROE) TERHADAP PRICE TO BOOK VALUE (PBV) PADA PT XYZ PERIODE 2012-2021

Abstract

This study aims to determine whether there is an influence of the Current Ratio (X₁) on the Price to Book Value (Y). The research design used in this research is the associative research design. Source data obtained through website www.idx.co.id period 2012-2021. Data analysis used is ratio analysis, double linear regression analysis assisted by SPSS version 18. The results show that the Current Ratio (X₁) shows a positive and significant influence on the Price to Book Value (Y) can be seen from the thitung results > ttable (6,207 > 2,024). The Return on Equity (X₂) shows a significant and positive effect on the price to book value (Y), as seen in the thinning results > tables (2,964 > 2,024. Simultaneously, the variables Current ratio and Return of Equity influenced the Price-to-Book Value(Y) from the calculations > Ftable (20,352 > 3,25). Based on the results of the study, it can be concluded that the variable Current Relation(X₁) and the return on equity (X₂) have an influence over the price of book value(Y).

Keywords: Current Ratio, Return on Equity, Price to Book Value