ANALISIS PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO DAN TOTAL ASSET TURNOVER TERHADAP PRICE EARNING RATIO (Studi Kasus: Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia periode 2008 sampai dengan 2010)

Abstract

This research wants to examine the effects of Current Ratio (CR), Debt to Equity Ratio (DER) and Total Asset Turnover (TATO) to Price Earning Ratio of manufacture company. The sampling technique used in this research is purposive sampling, with some criteria, those are: (1) the manufacture company listed in JSX in research period and still operating consistenly in the research period; (2) the avaliable of financial statement as the research period; (3) the manufactur company has not negative profit. The result of this research shows that the data has fulfill the classical asumption, such as: no multicolinearity, no autocorrelation, no heteroscedasticity and distributed normally. From the regression analysis, found that partially Debt to Equity Ratio variable, have a negative significant to Price Earning Ratio of manufacture company. While Current Ratio (CR) and Total Asset Turnover (TATO) doesn’t have influence to Price Earning Ratio of manufacture company. From the research also known that those three variables (CR, DER and TATO) simoultaneously have an influence to Price Earning Ratio of manufacture company. The prediction percentage of those variable simoultaneously are 14,6%.