Analysis Of Factors Affecting Price Earnings Ratio On Cigarette Companies Registered In Indonesia Stock Exchange Period Of 2014 – 2016

Sari

Every company aims to increase the company value by maximizing the assessment of stock price and market price. Many factors affecting the assessment level to find out whether there are influences of the current ratio variable, debt to equity ratio, and return on equity to the price-earnings ratio on the cigarettes company listed on Indonesia stock exchange period of 2014 to 2016. This study used a purposive sampling technique. Based on the determined criteria, 4 companies meet the requirements as samples. The type of data used is secondary data obtained from the financial statements of cigarette companies listed on the Indonesia Stock Exchange period of 2014 to 2016, through the site www.idx.co.id. This study uses multiple linear regression analysis methods. The results of this study indicate that partially and simultaneously the current ratio variables, debt to equity ratio, and return on equity do not significantly influence the price-earnings ratio of cigarette companies listed on the Indonesia Stock Exchange in the period 2014 to 2016.