Analysis of factors affecting stock valuation based on price earning ratio

Wardana, Guntur Kusuma ORCID: https://orcid.org/0000-0001-7901-1228 (2024) Analysis of factors affecting stock valuation based on price earning ratio. JMK (Jurnal Manajemen dan Kewirausahaan), 9 (3). pp. 281-291. ISSN 2477-3166

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Abstract

In the last decade, Islamic banking has experienced significant growth globally, with the world’s largest Islamic banks becoming key players in the international financial industry. Along with this development, the need for accurate and comprehensive valuation analysis of Islamic bank stocks has become increasingly important for investors, analysts, and other stakeholders. This research aims to determine the effect of Return on Equity, Return on Assets, Price to Book Value, Dividend Payout Ratio, Debt to Equity Ratio, and Bank Size on Price Earning Ratio. This research uses quantitative research methods with a descriptive approach. This study uses the panel data regression method to analyze the factors that influence the Price Earnings Ratio. The research sample was taken from a purposive sampling technique, on the 20 largest Islamic banks in the world from 11 different countries during the period 2019-2023. The results show that PBV and DPR have a significant positive effect on PER, while ROE, ROA, DER, and SIZE do not show a significant impact.

Item Type:	Journal Article
Keywords:	Price Earnings Ratio; Islamic Bank; Price To Book Value; Dividend Payout Ratio; Stock Valuation; Islamic Finance
Subjects:	15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150299 Banking, Finance and Investment not elsewhere classified
Divisions:	Faculty of Economics > Department of Islamic Banking
Depositing User:	Guntur Kusuma Wardana
Date Deposited:	21 Oct 2024 13:39

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