PENGARUH RETURN ON EQUITY, DEBT TO EQUITY RATIO, CURRENT RATIO DAN INFLASI TERHADAP NILAI PERUSAHAAN SEKTOR PROPERTY DAN REAL ESTATE YANG TERCATAT DI BURSA EFEK INDONESIA PERIODE 2011- 2018

Abstract

The research aims to find out the effect of ROE, DER, CR, and Inflation to the Firm Value of
sector Property and Real Estate wich are listed in Indonesia Stock Exchange period 2011-2018. The
data used in this study was obtained from the Annual Financial Statements sector Property and Real
Estate listed on the Indonesia Stock Exchange. After passing through the stage of purposive sampling,
the samples are fit for use by 20 Property and Real Estate companies. The analysis of panel data
regression model fixed effect with the help of Eviews 9.0.
Based on the result of the research it has been found that the variables ROE and CR are
positive and has significant impact on Firm Value, the variables DER and Inflation are negative and
has significant impact on Firm Value.Of the four significant variables, the variables ROE has the
greatest influence on firm value with the coefficient of 0.010031. The result of the degree of
determination( Adjusted R-square) in the regression model is equal to 0.6925. This shows that the
contribution of the independent variables, namely ROE, DER, CR, and Inflation to the dependent
variable (Firm Value) is 69,25% while the remaining 30,75% is effect by other factors which were
explained in this research.