ANALISIS PENGARUH MARKET VALUE TERHADAP HARGA SAHAM PADA PERUSAHAAN KEUANGAN YANG TERDAFTAR DI BEI

Abstract

This research is aimed to find out and to analyze the influence of market value which is proxy by Price
to Book Value, Dividend Yield and Dividend Payout Ratio to the stock price through annual financial
statement which has been prepared by finance companies which are listed in Indonesia Stock Exchange.The
population has been selected by using purposive sampling method on finance companies which are listed in
Indonesia Stock Exchange (IDX) in 2012-2015 periods and based on the predetermined criteria, 12 finance
companies have been selected as samples. The analysis method has been done by using multiple linear
regressions analysis and SPSS (Statistical Product and Service Solution) application tool.The result of the
research shows that Price to Book Value gives significant and positive influence to the stock price, Dividend
Yield does not give any significant influence to the stock price and Dividend Payout Ratio does not give
any significant influence to the stock price.
Keywords: Price to book value, dividend yield, dividend payout ratio, stock price