Leverage as Intervening Variable of Profitability Post-pandemic (Covid-19)

Cement companies in Indonesia support the government’s role development of property sector. However, Covid-19 pandemic has caused problems making a profit. Therefore, main problem this study is to find out and analyze how profitability affects leverage market value with variables price earnings ratio (PER) book (PBV) as proxies. Second, knowing analyzing an intervening variable that relates effect value. This uses documentation analysis method social research for exploring theoretical model empirical results through leverage. The from various showed there still little on ability cement listed Stock Exchange. can be expected contribute further facilitate government approach encourage economy. Meanwhile, investors informed about company’s financial performance. will provide advanced guidance convenience providing solutions increase by increasing factors.
 Keywords: leverage, value, profitability, Price Earnings Ratio (PER), Book Value