PENGARUH LIKUIDITAS, SOLVABILITAS, DAN PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN PROPERTY AND REAL ESTATE DI BEI

Abstract

Companies aims are acquiring maximum profit, making stakeholders properous, and improving the firm value. The value is very essential as reflects the firm performance and can affect the investor’s perception. This research aimed to find out the effect of liquidity which was measured by Current Ratio (CR), solvability which was measured by Debt to Equity Ratio (DER), and profitability which was measured by Return On Equity (ROE); on the firm vaule. The research was causal-comparative. While, the sampling collection technique used purposive sampling. Moreover, the population used is 31 companies and there were 25 property and real estate companies as samples; which were listed on Indonesia Stock Exchange 2015-2017. Furthermore, the analysis technique used multiple linier regression analysis with SPSS version 22. The research result concluded the CR and DER dit not have significant effect on the firm value. Meanwhile, ROE had significant effect on the firm value.
keyword : current ratio, debt to equity ratio, return on equity, price to book value.