PENGARUH LIKUIDITAS, PROFITABILITAS, STRUKTUR MODAL DAN UKURAN PERUSAHAAN TERHADAP NILAI PERUSAHAAN (STUDI PADA PERUSAHAAN PROPERTY AND REAL ESTATE YANG TERDAFTAR DI BEI)

Abstract

This research aimed to find out tje effect of liquidity, profitability, capital structure and firm size on firm of value Property and Real Estate companies which were listed on indonesia Stock Exchange. While, liquidity was referred to Current Ratio, profitability was referred to Return On Equity, capital structure was referred to Debt to Equity Ratio, firm size was referred to Size. Meanwhile firm value was referred to Price to Book Value. The research was quantitative. Moreover, the data were secondary which in form of companies financial statements.Furthemore, the data collection technique used purposive sampling. In line with, there werw 17 from 74 Property and Real Estate companies as the sample during 2017-2019. Additionally, the data analysis technique used multiple linear regression with SPSS 25. The research result concluded Current Ratio (CR) had positive but insignificant effect on Price to Book Value (PBV). On the other hand, Return On Equity (ROE) as well as Debt to Equity Ratio (DER) had positive and significant effect on Price to Book Value (PBV). In Contrast, Size had negative and insignificant effect on Price to Book Value (PBV).
Keywords: liquidity, profitability, capital structur, firm size, firm value