ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PRICE EARNING RATIO SAHAM-SAHAM PERUSAHAAN (Study Kasus Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa efek Indonesia Periode 2008-2010)

The purpose of this study was to see whether there is influence from the
Sales Growth,, DER, ROE, ROI is positive and significant impact on the Price
Earning Ratio manfaktur company listed in Indonesia Stock Exchange (BEI) as a
sample study Sampling in this study using purposive sampling method with
different study criteria.
Number of study sample of 25 manufacturing companies that exist on the
Stock Exchange in the period 2008-2010. The data in this study is secondary data
from financial reports and stock prices obtained from the Indonesia Stock
Exchange
(IDX)
through
the
Indonesia
Stock
Exchange
Statistics.
This study used Price Earning Ratio is the dependent variable, whereas the
independent variable is Sales Growth, DER, ROE, ROI. In this research,
hypothesis testing is done by using a multiple linear regression statistical tests
using SPSS version 17.0 computer program.
The results showed sales growth variable has positive and significant
impact on Price Earning Ratio, ROE and ROI and variable negative and
significant effect on the Price Earning Ratio, while variable DER had no effect on
Price Earning Ratio, sales growth simultaneously, DER, ROE.dan ROI positive
effect on the Price Earning Ratio.
Based on these results, then the Sales Growth, DER, ROE, ROI can be
used as indicators (benchmarks) in conducting an assessment of the high-low
Price Earnings Ratio at a manufacturing company and for making investment
decisions.