Home
International Journal of Science and Research Archive
International, Peer reviewed, Open access Journal ISSN Approved Journal No. 2582-8185

Main navigation

  • Home
    • Journal Information
    • Abstracting and Indexing
    • Editorial Board Members
    • Reviewer Panel
    • Journal Policies
    • IJSRA CrossMark Policy
    • Publication Ethics
    • Issue in Progress
    • Current Issue
    • Past Issues
    • Instructions for Authors
    • Article processing fee
    • Track Manuscript Status
    • Get Publication Certificate
    • Become a Reviewer panel member
    • Join as Editorial Board Member
  • Contact us
  • Downloads

ISSN Approved Journal || eISSN: 2582-8185 || CODEN: IJSRO2 || Impact Factor 8.2 || Google Scholar and CrossRef Indexed

Peer Reviewed and Referred Journal || Free Certificate of Publication

Research and review articles are invited for publication in March 2026 (Volume 18, Issue 3) Submit manuscript

The influence of price to book value and return on equity on stock prices with debt to equity ratio as an intervening variable in basic industrial and chemical companies listed on the indonesian stock exchange for the 2019-2023 period

Breadcrumb

  • Home
  • The influence of price to book value and return on equity on stock prices with debt to equity ratio as an intervening variable in basic industrial and chemical companies listed on the indonesian stock exchange for the 2019-2023 period

Agustina Sibarani *, Yusuf Ronny Edward, Enda Noviyanti Simorangkir and Nagian Toni

Master of management study program, faculty of economics, universitas prima Indonesia, Medan.

Research Article
 

International Journal of Science and Research Archive, 2024, 12(02), 2832–2843.
Article DOI: 10.30574/ijsra.2024.12.2.1594
DOI url: https://doi.org/10.30574/ijsra.2024.12.2.1594

Received on 17 July 2024; revised on 24 August 2024; accepted on 26 August 2024

This research aims to examine and analyze share prices in basic industrial and chemical companies listed on the Indonesian Stock Exchange. The variables tested include Price To Book Value and Return On Equity on Share Prices with Debt To Equity Ratio as an intervening variable. The method used in sampling was purposive sampling. The data used was secondary data obtained from the official IDX website, namely www.idx.co.id and the official website of each company. The research results show that Price To Book Value has an effect on Stock Prices, Return On Equity has no effect on Stock Prices, Debt To Equity Ratio has a positive effect on Stock Prices, Price To Book Value and Return On Equity have no effect on Debt To Equity Ratio. With the Debt To Equity Ratio it is unable to mediate the influence of Price To Book Value and Return On Equity on Share Prices.

Price to book value; Return on equity; Debt to equity ratio; Share Price

https://ijsra.net/sites/default/files/fulltext_pdf/IJSRA-2024-1594.pdf

Preview Article PDF

Agustina Sibarani, Yusuf Ronny Edward, Enda Noviyanti Simorangkir and Nagian Toni. The influence of price to book value and return on equity on stock prices with debt to equity ratio as an intervening variable in basic industrial and chemical companies listed on the indonesian stock exchange for the 2019-2023 period. International Journal of Science and Research Archive, 2024, 12(02), 2832–2843. https://doi.org/10.30574/ijsra.2024.12.2.1594

Copyright © Author(s). All rights reserved. This article is published under the terms of the Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, sharing, adaptation, distribution, and reproduction in any medium or format, as long as appropriate credit is given to the original author(s) and source, a link to the license is provided, and any changes made are indicated.

All statements, opinions, and data contained in this publication are solely those of the individual author(s) and contributor(s). The journal, editors, reviewers, and publisher disclaim any responsibility or liability for the content, including accuracy, completeness, or any consequences arising from its use.

Get Certificates

Get Publication Certificate

Download LoA

Check Corssref DOI details

Issue details

Issue Cover Page

Editorial Board

Table of content

          

   

Copyright © 2026 International Journal of Science and Research Archive - All rights reserved

Developed & Designed by VS Infosolution