PENGARUH PROFITABILITAS, LIKUIDITAS, SOLVABILITAS DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN

Abstract

This research aimed to examine the effect of profitability, liquidity, solvability, and firm size on firm
value at property and real estate companies listed on the Indonesia Stock Exchange in the 2018-2020
periods. Furthermore, profitability was measured with Return On Asset (ROA). Liquidity measured by
Current ratio (CR). Solvability was measured with the Debt to Equity ratio (DER). Meanwhile, the firm
size was measured by SIZE. Meanwhile, firm value was measured by Price Book Value (PBV). This
research was quantitative. The research sample used property and real estate companies listed on
Indonesia Stock Exchange (IDX) during the 2018-2020 period. Moreover, the research sample used
purposive sampling i.e., a sample selection with criteria given. Moreover, the purposive sampling were
47 property and real estate companies as the company sample. The research result indicated that
profitability had a significantly positive effect on the firm value, liquidity had a negative and significant
effect on the firm value, solvability had a positive but insignificant effect on the firm value, and firm size
had a positive but insignificant effect on the firm value.