Optimal Stock Portfolio Establishment with Active and Passive Strategy Using Price to Book Value and Price Earning to Growth Ratio Approach in IDX30 Index 2013-2018 Period

The volatility phenomenon of stock returns shows the return and risk faced by investors in investment activities. One method that can be used to get maximum profit while compressing into minimum level is diversifying its investments through portfolios. This study aims determine simulation results optimal portfolio establishment with active passive strategy using Price Book Value Earning Growth ratio approach Sharpe, Treynor, Jensen performance evaluations on established portfolio. research appertains quantitative research. object was IDX30 Index 17 30 companies which consistently classified for 2013-2018 period were selected as sample. showed High PEG provides better than average risks, whether strategy, annual’s or semester’s strategy. Whereas, PBV annual's a high rate above average, semester lowest risk. Overall semester's has highest accumulated relatively low result match purpose establishment. Moreover, evaluation gives best score based Treynor index.