Abstract :
ABSTRAK
Penelitian ini bertujuan untuk menganalisis pengaruh faktor mikro dan makro ekonomi
t!:::3(lap price earning ratio perusahaan yang terdaftar dalam indeks LQ45. Faktor mikro yang
. lilti adalah Current Ratio (CR), Total Asset Turn Over (TATO), Debt Equity Ratio (DER),
on Equity (ROE), Earning Growth (EG), Price to Book Value (PBV); sedangkan faktor
yang diteliti adalah inflasi, kurs USDIIDR, Produk Domestik Bruto (PDB), indeks pasar
_.._... (IHSG). Hasil penelitian menunjukkan bahwa variabel faktor mikro dan makro ekonomi
_ I ifikan pengaruhnya terhadap price earning ratio. Selanjutnya, hasil penelitian juga
unjukkan bahwa secara parsial variabel Debt Equity Ratio, Return on Equity, Price to Book
Produk Domestik Bruto, dan Indeks Pasar Modal signifikan pengaruhnya terhadap price
'ng ratio. Sementara variabel lainnya seperti Current Ratio, Total Asset Turn Over,
ing Growth, inflasi, dan kurs USDIIDR tidak signifikan pengaruhnya terhadap price
'ng ratio periode 2012 - 2016 dengan objek penelitian 74 perusahaan menggunakan
??????????? ....,;. JU regresi data panel.
Kunci : Price earning ratio, Current ratio, Total asset turn over, Debt equity ratio,
Return on Equity, Earning growth, Price to book value, Inflasi; Kurs,
Produk domestik bnao, lndeks pasar modal
ABSTRACT
This study aimed to know the effect of economics micro and macro factors on LQ45
ipany price earning ratio. Micro factors were studied are Current Ratio (CR), Total Asset
Over (TATO), Debt Equity Ratio (DER), Return on Equity (ROE), Earning Growth (EG),
. e to Book Value (PBV); while macro factors were studied are inflation, exchange rate,
domestic product, stocks index (IHSG). The resulted showed that the variables economics
o and macro factors significantly effect price earning ratio. Further result of the study
showed that partially Debt Equity Ratio, Return on Equity, Price to Book Value, Gross
estic product, Stocks index have significant effect on price earning ratio. while other
ariables such as Current Ratio, Total Asset Turn Over, Earning Growth, inflation, exchange
e haven't significant effect on company price earning ratio 2012 - 2016 period, research
~ teet 74 company using pooled data panel. method
ords : Price earning ratio, Current ratio, Total asset turn over, Debt equity ratio,
Return on Equity, Earning growth, Price to book value, Inflation, Kurs,
Gross Domestic Product, Stocks Index