Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2024)

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Financial Ratio and Price Earnings Ratio: Analysis of Technology Companies Listed on the IDX

Authors
Widya Nur Rochmah1, *, Fadia Zen1, Lulu Nurul Istanti1, Yuli Agustina1
1Universitas Negeri Malang, Jl. Semarang No. 5, Kota Malang, 65145, Jawa Timur, Indonesia
*Corresponding author.
Corresponding Author
Widya Nur Rochmah
Available Online 19 November 2024.
DOI
10.2991/978-94-6463-576-8_20How to use a DOI?
Keywords
Return on Equity; Current Ratio; Debt to Equity Ratio; Firm Size; Price Earnings Ratio
Abstract

This study is a quantitative causality study which aims to investigate the relationship between Return on Equity Ratio, Current Ratio, and Debt to Equity Ratio with Price Earnings Ratio, with a focus on technology sector companies listed on the IDX from 2020 to 2023. Using SPSS 27, the study employs Multiple Linear Regression Analysis and Moderated Regression Analysis (MRA) as data analysis methods. The findings indicate that the Signaling Theory does not apply to technology companies during the COVID-19 pandemic. The Current Ratio significantly impacts the Price Earnings Ratio, while the Return on Equity Ratio and the Debt-to-Equity Ratio are not given much consideration by investors when assessing the Price Earnings Ratio. Additionally, the company size does not moderate the relationship between Return on Equity, Current Ratio, or Debt to Equity Ratio and Price Earnings Ratio.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
19 November 2024
ISBN
978-94-6463-576-8
ISSN
2352-5428
DOI
10.2991/978-94-6463-576-8_20How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Widya Nur Rochmah
AU  - Fadia Zen
AU  - Lulu Nurul Istanti
AU  - Yuli Agustina
PY  - 2024
DA  - 2024/11/19
TI  - Financial Ratio and Price Earnings Ratio: Analysis of Technology Companies Listed on the IDX
BT  - Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2024)
PB  - Atlantis Press
SP  - 230
EP  - 241
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-576-8_20
DO  - 10.2991/978-94-6463-576-8_20
ID  - Rochmah2024
ER  -