Sales Growth, Company Size, Dividen Payout Ratio And Price To Book Value
DOI:
https://doi.org/10.60023/4dhae267Keywords:
Sales Growth, Firm Size, Dividen Payout Ratio (DPR), Price-to-Book Value (PBV)Abstract
This study aims to analyze the effect of Sales Growth, Firm Size, and Dividend Payout Ratio (DPR) on Price to Book Value (PBV) at PT Sidomuncul Tbk during the 2016–2025 period, both partially and simultaneously. This research employed an associative approach, and the data were obtained from the Indonesia Stock Exchange (IDX) website and the official website of PT Sidomuncul Tbk. The results showed that the Sales Growth variable had a t-count of 0.655, which was lower than the t-table value of 2.447, with a significance value of 0.537 > 0.05. Therefore, it can be concluded that Sales Growth has no significant partial effect on Price to Book Value (PBV). The Firm Size variable had a t-count of 3.836, which was higher than the t-table value of 2.447, with a significance value of 0.009 < 0.05. Therefore, it can be concluded that Firm Size has a significant partial effect on Price to Book Value (PBV). The Dividend Payout Ratio (DPR) variable had a t-count of -1.070, which was lower than the t-table value of 2.447, with a significance value of 0.326 > 0.05. Therefore, it can be concluded that the Dividend Payout Ratio (DPR) has no significant partial effect on Price to Book Value (PBV). Furthermore, the results of the F-test showed an F-count of 5.817, which was higher than the F-table value of 4.76, with a significance value of 0.033 < 0.05. This indicates that Sales Growth, Firm Size, and Dividend Payout Ratio (DPR) simultaneously have a significant effect on Price to Book Value (PBV).
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