PENGARUH PROFITABILITAS TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SUB SEKTOR PROPERTI DAN REAL ESTATE YANG TERDAFTAR BURSA EFEK INDONESIA

Authors

  • Wisang Candra Bintari Universitas Muhammadiyah Sorong
  • Julyanthry Sekolah Tinggi Ilmu Ekonomi Sultan Agung
  • Yenny Wati Institut Bisnis dan Teknologi Pelita Indonesia
  • Debi Eka Putri Sekolah Tinggi Ilmu Ekonomi Sultan Agung
  • Beatrice Chrisna Romaito Sirait Sekolah Tinggi Ilmu Ekonomi Sultan Agung

DOI:

https://doi.org/10.36423/jumper.v6i1.1725

Abstract

ABSTRACT. This study aims to describe and analyze the profitability and firm value of companies in the Sub Sector of Property and Real Estate listed on the Indonesia Stock Exchange. Another objective is to understand the impact of profitability on firm value in this industry context. The research utilizes a literature study method with quantitative secondary data. Data is collected through documentation and analyzed using various techniques such as classic assumption tests, simple linear regression, and hypothesis testing. The results indicate that profitability, measured by Return on Assets, fluctuates and tends to decrease. The firm value, measured by Price to Book Value, also fluctuates but tends to increase. Regression analysis shows that profitability negatively impacts firm value. Hypothesis testing results also confirm a low relationship between profitability and firm value

Downloads

Published

2024-06-28