PENGARUH LIKUIDITAS, SOLVABILITAS, AKTIVITAS DAN PROFITABILITAS TERHADAP NILAI PASAR

Abstract

Capital market is one of the alternatives for the company to seekfor fund source and as the facility for investors to
invest their capital. The investors conduct price earnings ratio analysis to the stock because price earnings ratio
can describe the company performance in the future. When the price earnings ratio of stock is high, the profit
growth which is expected by the investors will be high as well. This research is aimed to find out the influence of
liquidity, solvability, activity, and profitability to the market value of automotive companies which are listed in
Indonesia Stock Exchange. The population is the financial statement of go public automotive companies. The
sample share 12 automotive companies which are listed in the IDX from 2010 to 2014.The result of the research
shows that liquidity, solvability and activity do not have any influence to the market value of automotive
companies which are listed in Indonesia Stock Exchange. Meanwhile, profitability has negative influence to the
market value with its significance value is 0.042.
Keywords: Liquidity, solvability, activity, profitability, market value.