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Indonesia | Management | Volume 12 Issue 6, June 2023 | Pages: 1280 - 1283
Analyzing the Impact of Return on Equity and Current Ratio on Price to Book Value: The Moderating Role of Debt to Equity Ratio in Indonesian Mining Companies
Abstract: This study looked at how some numbers (like Return On Equity and Current Ratio) affect the value of certain companies in Indonesia that mine metals and minerals. They also looked at how another number (Debt to Equity Ratio) affects this relationship with moderated. They used a computer program like Eviews 12 to analyze the data and found that ROE had a significant positive effect on PBV. CR did not have a significant effect on PBV, DER was not able to moderate the effect of ROE on PBV while DER was able to moderate the effect of CR on PBV.
Keywords: Return On Equity, Current Ratio, Price to Book Value, Debt to Equity Ratio
How to Cite?: G. M. Djoko Hanantijo, Meiza Tazkiah Yunandri, "Analyzing the Impact of Return on Equity and Current Ratio on Price to Book Value: The Moderating Role of Debt to Equity Ratio in Indonesian Mining Companies", Volume 12 Issue 6, June 2023, International Journal of Science and Research (IJSR), Pages: 1280-1283, https://www.ijsr.net/getabstract.php?paperid=SR23603182814, DOI: https://dx.doi.org/10.21275/SR23603182814