TOTAL ASSETS TURNOVER (TATO), SIZE, AND RETURN ONASSETS (ROA) ON PRICE EARNING RATIO (PER) (Food And Beverage are listed onIndonesia Stock Exchange2009-2012)

Abstract

This study aims to examine the factors TATO, Size, and ROA of Price Earning Ratio (PER) on food and beverage companies listed in Indonesia Stock Exchange in 2009 – 2012 which used the entire population of food and beverage companies listed in Indonesia Stock Exchange (BEI) in 2009- 2012,  totally 16 companies,  was conducted with a purposive sampling technique. This study usessecondary data obtained from the publication of Indonesian Capital Market Directory (ICMD). The analysis technique used  the technique of multiple linier regression analysis with E-views program, Goodness of Fit Test and using the t-statistic for testing the partial regression coefficient with the 5% confidence level. In the classical assumption test results showed that there were no deviations classical assumption, this shows that the available data has been qualified to use multiple linier regression model. The conclusion of this research are : the TATO, Size, and ROA variable has not significant effect on PER. Regression equation obtained is PER = 24,191 – 1,022 TATO – 0,498 Size - 0,258 ROA. Coefficient of determination (adjusted _2) is 0.010 or 1 % which means only 1 % of PER is influenced by the independent variables, whereas the remaining balance of 99,0% is explained by other variable not prensented in the study.