PENGARUH ROA, TATO, PER TERHADAP RETURN SAHAM PERUSAHAAN PROPERTY DAN REAL ESTATE DI BEI

Abstract

This research aimed to find out the effect of return on asset (roa), total asset turnover (tato) and price earning ratio (per) on the shares return of property and real estate companies which were listed on Indonesia Stock Exchange (IDX). The population was property and real estate companies which were listed on Indonesia Stock Exchange 2014-2017. While, the data collection technique used purposive sampling. In line with, there were 22 property and real estate companies as sample. Moreover, the data analysis technique used multiple linear regression with SPSS 21.0. The classic assumption test which consist of multicolinearity test, heteroscedasticity test, autocorrelation test and normality test do not experience any serious problem. Based on hypothesis test result, it concluded return on asset (roa) had positive and significant effect on the shares return, as well as price earning ratio (per) had positive and significant effect on the shares return. On the other hand, total asset turnover (tato) had positive but insignificant effect on the shares return.

Keyword: return on asset, total asset turnover, price earning ratio, shares return