THE EFFECT OF LIQUIDITY, LEVERAGE, PROFITABILITY AND FIRM SIZE ON COMPANY VALUE OF THE FOOD AND BEVERAGE SUB SECTOR LISTED ON THE INDONESIA STOCK EXCHANGE
DOI:
https://doi.org/10.52630/jmbv.v14.i02.130Keywords:
Current Ratio, Debt to Equity Ratio, Return On Assets, Ln Total Aset, Price Earning RatioAbstract
This research aims to determine the effect of liquidity (current ratio), leverage (debt to equity ratio), profitability (return on
assets) and firm size (Ln total assets) on company value (price earning ratio) of the food and beverage sub sector listed on the
Indonesia Stock Exchange for the period 2019-2023. This research employs a quantitative approach. The sampling technique
chosen as the research sample. Data analysis was conducted using IBM SPSS version 25, incorporating descriptive statistical
analysis, classical assumption test, multiple linear regression analysis, and hypothesis testing. The research results shows that
the current ratio partially has a positive and significant effect on the price earning ratio. The debt to equity ratio partially has
no negative and insignificant effect on the price earning ratio. Return on assets partially has a positive and significant effect on
the price earning ratio. Ln total assets does not partially have a positive and insignificant effect on the price earning ratio.
Futhermore, the current ratio, debt to equity ratio, return on assets and Ln total assets simultaneously and significantly influence
the price earning ratio
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