PENGARUH ANALISIS BETA, BOOK-MARKET RATIO, DEBT- EQUITY RATIO, EARNING-PRICE RATIO, FIRM SIZE DAN SALES-PRICE RATIO TERHADAP PENDAPATAN SAHAM PERUSAHAAN INDUSTRI DASAR DAN KIMIA DI BURSA EFEK JAKARTA 1992 - 1998

Market Risk - Adjusted Dividend Policy and Price - to - Book Ratio

This paper offers a new mathematical formulation that addresses the relationship between expected price-to-book ratio, dividend per share, dividend payout ratio, systematic and unsystematic risks. The sample includes the non-financial firms in the DJIA covering the period 1997-2006. The general results show that the expected price-to-book ratios are: (a) positively associated with the expected ...

Debt/Equity Ratio and Asset Pricing Analysis

Debt/Equity Ratios and Asset Pricing Analysis

An Investigation of Relationship between Earnings Conservatism and Price to Book Ratio Based on Basu’s Method

One of the most important concepts in financial statement analysis and evaluation is conservatism. Thus recognition of the factors which influence conservatism can considerably help the investor in managing the selection of more conservative assets properly and avoiding the untrue exposure of financial statements. This research is about to consider the relation of effective factors on organizat...

Determinants of the Price-to-Earnings Ratio

We examine a firm’s P/E ratio in the context of a model wherein firms make sequential investments in production capacity. In addition to investment growth, our analysis seeks to identify pricing power in the firm’s product markets and accounting conservatism as determinants of the P/E ratio. A benchmark result demonstrates that, given unbiased accounting, the firm’s P/E ratio can be expressed a...

The Long-Term Price-Earnings Ratio