PENGARUH NET PROFIT MARGIN, DEBT TO TOTAL ASSET RATIO, PRICE EARNING RATIO DAN PRICE TO BOOK VALUE TERHADAP HARGA SAHAM PADA SUB SEKTOR PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

Sub sectors of property and real estate in 2011 until 2013 increased due to central
bank interest rates decreased and this sub-sector has a share price increase from 2011 to
2014 but the value of the price earnings ratio of the company's decreased annually, so that it
is contrary to the signalyng theory if the value stock price increase, the price earnings ratio
of the company will increase. So that it is causing researchers interested in studying subsector
property and real estate. The purpose of this study was to determine the influence of
NPM, DAR, PER and PBV to the stock price. The samples used as many as 37 companies
with the sample collection technique is saturated sampling (census). This study uses
regression model analysis.
The results of this study are NPM, PER and PBV has no effect on the stock price subsector
property and real estate listed on the Stock Exchange in 2011 to 2014 while the DAR
effect on stock prices sub-sector property and real estate listed on the Stock Exchange in 2011
until 2014.
Keywords: NPM, DAR, PER, PBV and Stock Price.