Business, Management and Accounting
4 years ago

Cigarette companies' stock prices unaffected by financial ratios in Indonesia.

Analysis Of Factors Affecting Price Earnings Ratio On Cigarette Companies Registered In Indonesia Stock Exchange Period Of 2014 – 2016
Laelis Neni, Risna Apriani Br Surbakti

Paper Summary

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The study analyzed factors influencing the price-earnings ratio of cigarette companies on the Indonesia Stock Exchange from 2014 to 2016. They looked at current ratio, debt to equity ratio, and return on equity. The researchers found that these factors did not significantly affect the price-earnings ratio during the specified period.