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Analysis Study Research Paper | Management | Indonesia | Volume 12 Issue 6, June 2023 | Popularity: 4.5 / 10

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Analyzing the Impact of Return on Equity and Current Ratio on Price to Book Value: The Moderating Role of Debt to Equity Ratio in Indonesian Mining Companies

G. M. Djoko Hanantijo, Meiza Tazkiah Yunandri

Abstract: This study looked at how some numbers (like Return On Equity and Current Ratio) affect the value of certain companies in Indonesia that mine metals and minerals. They also looked at how another number (Debt to Equity Ratio) affects this relationship with moderated. They used a computer program like Eviews 12 to analyze the data and found that ROE had a significant positive effect on PBV. CR did not have a significant effect on PBV, DER was not able to moderate the effect of ROE on PBV while DER was able to moderate the effect of CR on PBV.

Keywords: Return On Equity, Current Ratio, Price to Book Value, Debt to Equity Ratio

Edition: Volume 12 Issue 6, June 2023

Pages: 1280 - 1283

DOI: https://www.doi.org/10.21275/SR23603182814

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