PENGARUH PROFITABILITAS, COMPANY SIZE, DAN LEVERAGE TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PERBANKAN DI BEI PERIODE 2019-2023.

Abstract

This reserch examines the effect of profitability, company size, leverage on the firm value. The profitability was measured by Return on Assets (ROA), company size was measured by size, and leverage was measured by Debt to Equty Ratio (DER), andi firm value variable was measured by Price to Book Value (PBV). This research applies quantitatively. Furthermore, the population consists of Banking companies listed on he Indonesia Stock Exchange (IDX) durng 2019-2023. The data were secondary, which in the form of annual statements. Moreover, the data collection technique used was a purposive sampling with 3 criteria given In line with that, 28 companies fulfilled the criteria as samples with a total of 140 data. The data analysis technquw used multiple linear regression. The results indicate that profitability has a positive effect on the firm value. Likewise, leverage has a positive effect on the firm value. Meanwhile, firm size has a negative effect on the firm value. It means that the higher the profitability value and leverage are, the higher the firm value will be. Therefore, it an be concluded that both profitability and leverage can give signals to the investors in making decisions.