ANALISIS PENGARUHCAPITAL ADEQUACY RATIO (CAR), NON PERFORMING LOAN (NPL), RETURN ON ASSETS (ROA), DAN NET INTEREST MARGIN (NIM) TERHADAP PRICE EARNING RATIO PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BEI 2013 - 2016

Abstract

The aim of this research is to analyze the effect of Capital Adequacy Ratio (CAR), Non Performing Loan (NPL), Return On Assets (ROA), and Net Interest Margin (NIM) to Price Earning Ratio. The research population are all banking companies listed on the Indonesia Stock Exchange. The number of samples used in this study were 13 companies. Purposive sampling method was used to determine the sampels. Data was analyzed using multiple regression analysis. Based on the results of research and data analysis using Multiple Regression show that (1) Capital Adequacy Ratio (CAR) variable partially has no positive effect to Price Earning Ratio of Banking companies listed in Indonesia Stock Exchange. (2) Non Performing Loan (NPL) variable partially has a negative effect on Price Earning Ratio of Banking companies listed in Indonesia Stock Exchange. (3) Variable Return On Assets (ROA) partially has no positive effect on Price Earning Ratio of Banking companies listed in Indonesia Stock Exchange. (4) Variable Net Interest Margin (NIM) partially does not have a positive effect on Price Earning Ratio of Banking companies listed in Indonesia Stock Exchange. The implication of this research is the Bank should decrease Non Performing Loan, because NPL leads to Price Earning Ratio positively by selecting in distributing loan to avoid having NPL.