PENGARUH LEVERAGE, LIKUIDITAS, PROFITABILITAS, DAN KEBIJAKAN DIVIDEN PAYOUT RATIO TERHADAP NILAI PERUSAHAAN (Studi Pada Perusahaan Real Estate yang Terdaftar di BEI 2018-2022 )

Abstract

ABSTRACT This study focuses on Real Estate growth, especially in the period 2018-2022. The purpose of this study is to examine the influence of leverage, liquidity, profitability, and dividend payout ratio on company value. Company value is measured by price to book value. The research method used in this study is purposive sampling, and 22 property and real estate companies were obtained, while the data collection technique used was documentation in the form of collecting, recording, understanding, and analyzing the company's financial statements. The data analysis method used in this study is multiple linear analysis with IBM SPSS 27 software. Based on the results of the study on the influence of leverage, liquidity, profitability, and dividend payout ratio on company value, it was found that liquidity, profitability, dividend payout ratio have a positive and significant influence on company value, and leverage has a negative and significant influence on company value