JURNAL BISNIS DAN AKUNTANSI
THE INFLUENCE OF DEBT TO EQUITY RATIO, RETURN ON EQUITY, DIVIDEND PAYOUT RATIO, PRICE TO BOOK VALUE, CURRENT RATIO AND FIRM SIZE TOWARD PRICE EARNINGS RATIO
The purpose of this research is to test and give empirical evidence about the influence of debt to equity ratio, return on equity, dividend payout ratio, price to book value, current ratio and firm size toward price earnings ratio. Sample of this research are obtained from consumer goods sector companies listed in Indonesia Stock Exchange for period 2002-2013. The samples are collected using purposive sampling, where 10 companies met the criteria and were analyzed using descriptive statistic and panel data regressions with fixed effect model to test the hypothesis. The result of this study shows that return on equity, dividend payout ratio, price to book value and firm size does influence the price earnings ratio. On the other hand, debt to equity ratio and current ratio do not influence the price earnings ratio. Overall, the independent variables influence price earnings ratio simultaneously.Keyword :Debt to Equity Ratio, Return on Equity, Dividend Payout Ratio, Price to Book Value, Current Ratio, Firm Size, Price Earnings Ratio.