PENGARUH CR, ROA, DER DAN TATO TERHADAP NILAI PERUSAHAAN TELEKOMUNIKASI DI BEI

Abstract

This research aimed to examine the effect of the Current Ratio, Return On Asset, Debt to Equity Ratio, and Total Asset Turnover. The independent variables were the Current Ratio (CR), Return On Asset (ROA), Debt to Equity Ratio (DER), and Total Asset Turnover (TATO). While the dependent variable was Price to Book Value (PBV). The research was quantitative. Moreover, the data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 7 Telecommunication companies as the sample. Furthermore, the population was 10 Telecommunication companies listed on the Indonesia Stock Exchange (IDX). The data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 26. The result concluded that CR had a positive but insignificant effect on firm value. However, ROA had a positive and significant effect on firm value. On the other hand, DER had a negative but insignificant effect on firm value. In contrast, TATO had a positive and significant effect on firm value.