Open AccessDETERMINAN PRICE EARNING RATIO SAHAM YANG TERDAFTAR DALAM JAKARTA ISLAMIC INDEX (JII) PERIODE 2011 – 2017.
Author(s) -
Aysha Dhamaring Nugroho,
Imron Mawardi
Publication year - 2020
Publication title -
jurnal ekonomi syariah teori dan terapan
Language(s) - English
Resource type - Journals
eISSN - 2502-1508
pISSN - 2407-1935
DOI - 10.20473/vol6iss201911pp2224-2235
Subject(s) - debt to equity ratio , price–earnings ratio , current ratio , dividend payout ratio , economics , stock (firearms) , financial economics , equity (law) , dividend , return on equity , stock price , equity ratio , business , econometrics , monetary economics , earnings per share , stock exchange , dividend policy , finance , market liquidity , population , law , sociology , engineering , biology , paleontology , series (stratigraphy) , political science , nonprobability sampling , mechanical engineering , demography
It is very important for investor to be able to assess whether a stock will be able to provide a high return of investment in the future. There are various kinds of approaches that can be used by investor to assess the performance of a stock in the stock market, two of which are technical analysis and fundamental analysis. Price earning ratio is part of ratio that are used in fundamental analysis and price earning ration is often used by investor as a refrence to read the performance of a stock in the future. This study are focusing on finding which variabel can affect the value of price earning ratio of a stock, using VECM method this study finds that debt to equity ratio, return on equity, dividend payout ratio and current ratio in long -run affecting price earning ratio in a significant way.Keywords: financial ratio, price earning ratio, fundamental analysis, Indonesia syariah stock market