{"id":"https://openalex.org/W7202368541","doi":"https://doi.org/10.54373/hijm.v4i4.6798","title":"Pengaruh Return on Asset (ROA), Total Aset Turnover (TATO) dan Debt to Equity Ratio (DER) Terhadap Price to Book Value (PBV) pada Perusahaan Subsektor Produk Perawatan Tubuh yang Terdaftar di Bursa Efek Indonesia (BEI)","display_name":"Pengaruh Return on Asset (ROA), Total Aset Turnover (TATO) dan Debt to Equity Ratio (DER) Terhadap Price to Book Value (PBV) pada Perusahaan Subsektor Produk Perawatan Tubuh yang Terdaftar di Bursa Efek Indonesia (BEI)","publication_year":2026,"publication_date":"2026-07-30","ids":{"openalex":"https://openalex.org/W7202368541","doi":"https://doi.org/10.54373/hijm.v4i4.6798"},"language":"en","primary_location":{"id":"doi:10.54373/hijm.v4i4.6798","doi":"https://doi.org/10.54373/hijm.v4i4.6798","is_oa":true,"landing_page_url":"https://doi.org/10.54373/hijm.v4i4.6798","pdf_url":"https://ejournal.indo-intellectual.id/index.php/hijm/article/download/6798/4326","source":{"id":"https://openalex.org/S4404670073","display_name":"Horizon","issn_l":"2987-7180","issn":["2987-7180","2987-7776"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"HORIZON: Indonesian Journal of Multidisciplinary","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"https://ejournal.indo-intellectual.id/index.php/hijm/article/download/6798/4326","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5005476606","display_name":"Gunawan Sakti","orcid":"https://orcid.org/0000-0001-8000-7883","observed_orcids":["https://orcid.org/0000-0001-8000-7883"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Gunawan Sakti","raw_affiliation_strings":["Sekolah Tinggi Ilmu Ekonomi Bima"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Sekolah Tinggi Ilmu Ekonomi Bima","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5056140109","display_name":"Nafisah Nurulrahmatia","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Nafisah Nurulrahmatia","raw_affiliation_strings":["Sekolah Tinggi Ilmu Ekonomi Bima"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Sekolah Tinggi Ilmu Ekonomi Bima","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5140551287","display_name":"Aris Munandar","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Aris Munandar","raw_affiliation_strings":["Sekolah Tinggi Ilmu Ekonomi Bima"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Sekolah Tinggi Ilmu Ekonomi Bima","institution_ids":[]}]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"4","issue":"4","first_page":"4991","last_page":"5007"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.98580002784729,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.98580002784729,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.008500000461935997,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12544","display_name":"Working Capital and Financial Performance","score":0.001500000013038516,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.9539999961853027},{"id":"https://openalex.org/keywords/asset-turnover","display_name":"asset turnover","score":0.9890000224113464},{"id":"https://openalex.org/keywords/debt-equity-ratio","display_name":"debt to equity ratio","score":1.0},{"id":"https://openalex.org/keywords/price-to-book-value","display_name":"price to book value","score":0.9990000128746033},{"id":"https://openalex.org/keywords/asset-utilization-efficiency","display_name":"asset utilization efficiency","score":0.8709999918937683},{"id":"https://openalex.org/keywords/capital-structure","display_name":"capital structure","score":0.8989999890327454},{"id":"https://openalex.org/keywords/firm-valuation","display_name":"business valuation","score":0.5839999914169312},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.9330000281333923}],"concepts":[{"id":"https://openalex.org/C112896921","wikidata":"https://www.wikidata.org/wiki/Q1728600","display_name":"Asset turnover","level":4,"score":0.7613999843597412},{"id":"https://openalex.org/C185669311","wikidata":"https://www.wikidata.org/wiki/Q1163221","display_name":"Return on assets","level":3,"score":0.6299999952316284},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.6060000061988831},{"id":"https://openalex.org/C74153512","wikidata":"https://www.wikidata.org/wiki/Q167064","display_name":"Debt-to-equity ratio","level":4,"score":0.5544999837875366},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5491999983787537},{"id":"https://openalex.org/C100363876","wikidata":"https://www.wikidata.org/wiki/Q690661","display_name":"Nonprobability sampling","level":3,"score":0.5440999865531921},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.5239999890327454},{"id":"https://openalex.org/C52272595","wikidata":"https://www.wikidata.org/wiki/Q2210989","display_name":"Current ratio","level":3,"score":0.5146999955177307},{"id":"https://openalex.org/C2908647359","wikidata":"https://www.wikidata.org/wiki/Q2625603","display_name":"Population","level":2,"score":0.45879998803138733},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.44940000772476196},{"id":"https://openalex.org/C76178495","wikidata":"https://www.wikidata.org/wiki/Q4808784","display_name":"Asset (computer security)","level":2,"score":0.40790000557899475},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.3707999885082245},{"id":"https://openalex.org/C149933338","wikidata":"https://www.wikidata.org/wiki/Q950816","display_name":"Capital structure","level":3,"score":0.37040001153945923},{"id":"https://openalex.org/C135665773","wikidata":"https://www.wikidata.org/wiki/Q2234049","display_name":"Debt ratio","level":3,"score":0.36809998750686646},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.35409998893737793},{"id":"https://openalex.org/C169824061","wikidata":"https://www.wikidata.org/wiki/Q1761731","display_name":"Book value","level":3,"score":0.33820000290870667},{"id":"https://openalex.org/C202552767","wikidata":"https://www.wikidata.org/wiki/Q1901350","display_name":"Market value","level":2,"score":0.3377000093460083},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.3375000059604645},{"id":"https://openalex.org/C199226685","wikidata":"https://www.wikidata.org/wiki/Q1800351","display_name":"Inventory turnover","level":3,"score":0.3359000086784363},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3357999920845032},{"id":"https://openalex.org/C152877465","wikidata":"https://www.wikidata.org/wiki/Q208042","display_name":"Regression analysis","level":2,"score":0.33230000734329224},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.32690000534057617},{"id":"https://openalex.org/C23032112","wikidata":"https://www.wikidata.org/wiki/Q1344727","display_name":"Enterprise value","level":2,"score":0.3070000112056732},{"id":"https://openalex.org/C98014903","wikidata":"https://www.wikidata.org/wiki/Q832161","display_name":"Financial ratio","level":2,"score":0.3050000071525574},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3009999990463257},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2973000109195709},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.29030001163482666},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.26809999346733093},{"id":"https://openalex.org/C178550888","wikidata":"https://www.wikidata.org/wiki/Q2043282","display_name":"Business administration","level":1,"score":0.26739999651908875},{"id":"https://openalex.org/C56017942","wikidata":"https://www.wikidata.org/wiki/Q204037","display_name":"Natural logarithm","level":3,"score":0.26339998841285706},{"id":"https://openalex.org/C124972522","wikidata":"https://www.wikidata.org/wiki/Q1303176","display_name":"Equity ratio","level":4,"score":0.2621999979019165},{"id":"https://openalex.org/C48921125","wikidata":"https://www.wikidata.org/wiki/Q10861030","display_name":"Linear regression","level":2,"score":0.2596000134944916},{"id":"https://openalex.org/C27574286","wikidata":"https://www.wikidata.org/wiki/Q320723","display_name":"Variables","level":2,"score":0.25040000677108765}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.54373/hijm.v4i4.6798","doi":"https://doi.org/10.54373/hijm.v4i4.6798","is_oa":true,"landing_page_url":"https://doi.org/10.54373/hijm.v4i4.6798","pdf_url":"https://ejournal.indo-intellectual.id/index.php/hijm/article/download/6798/4326","source":{"id":"https://openalex.org/S4404670073","display_name":"Horizon","issn_l":"2987-7180","issn":["2987-7180","2987-7776"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"HORIZON: Indonesian Journal of Multidisciplinary","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.54373/hijm.v4i4.6798","doi":"https://doi.org/10.54373/hijm.v4i4.6798","is_oa":true,"landing_page_url":"https://doi.org/10.54373/hijm.v4i4.6798","pdf_url":"https://ejournal.indo-intellectual.id/index.php/hijm/article/download/6798/4326","source":{"id":"https://openalex.org/S4404670073","display_name":"Horizon","issn_l":"2987-7180","issn":["2987-7180","2987-7776"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"HORIZON: Indonesian Journal of Multidisciplinary","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W7202368541.pdf","grobid_xml":"https://content.openalex.org/works/W7202368541.grobid-xml"},"referenced_works_count":1,"referenced_works":["https://openalex.org/W4210709908"],"related_works":["https://openalex.org/W7163881492","https://openalex.org/W4410097607","https://openalex.org/W4401517557","https://openalex.org/W4393352310","https://openalex.org/W4401867352","https://openalex.org/W1519946136","https://openalex.org/W7130422487","https://openalex.org/W3107163544","https://openalex.org/W7216221567","https://openalex.org/W7216044289"],"abstract_inverted_index":{"This":[0,44,144],"study":[1,45,55,196],"aims":[2],"to":[3,18,24,174,177,207],"analyze":[4],"the":[5,36,41,62,96,161,189,201],"effect":[6,113,123,134],"of":[7,58,98,140,142,188,194,214],"Return":[8],"on":[9,22,35,114,124,135],"Assets":[10],"(ROA),":[11],"Total":[12],"Asset":[13],"Turnover":[14],"(TATO),":[15],"and":[16,88,108,121,129,166],"Debt":[17],"Equity":[19],"Ratio":[20],"(DER)":[21],"Price":[23],"Book":[25],"Value":[26],"(PBV)":[27],"in":[28,72,156,160,184,200],"personal":[29,202],"care":[30,203],"products":[31,204],"subsector":[32,205],"companies":[33,74,199],"listed":[34],"Indonesia":[37],"Stock":[38],"Exchange":[39],"for":[40],"2020\u20132024":[42],"period.":[43],"uses":[46],"a":[47,67,119,132,138,152,171,181],"quantitative":[48],"approach":[49],"with":[50,75,95,137],"an":[51],"associative":[52],"method.":[53],"The":[54,78,102,192],"population":[56],"consists":[57],"11":[59],"companies,":[60],"while":[61,116],"sample":[63],"was":[64],"determined":[65],"using":[66,91],"purposive":[68],"sampling":[69],"technique,":[70],"resulting":[71],"6":[73],"30":[76],"observations.":[77],"data":[79,83],"used":[80],"are":[81],"secondary":[82],"from":[84],"annual":[85],"financial":[86],"reports":[87],"were":[89],"analyzed":[90],"multiple":[92],"linear":[93],"regression":[94],"help":[97],"SPSS":[99],"version":[100],"26.":[101],"results":[103,193],"show":[104],"that":[105,147,198],"partially":[106],"ROA":[107],"DER":[109,130],"have":[110,131],"no":[111],"significant":[112,122,133],"PBV,":[115],"TATO":[117],"has":[118],"positive":[120],"PBV.":[125],"Simultaneously,":[126],"ROA,":[127],"TATO,":[128],"PBV":[136],"coefficient":[139],"determination":[141],"57.8%.":[143],"finding":[145],"indicates":[146],"asset":[148,210],"utilization":[149],"efficiency":[150],"is":[151,180],"more":[153],"determining":[154],"factor":[155],"increasing":[157],"company":[158],"value":[159],"research":[162],"model":[163],"than":[164],"profitability":[165],"capital":[167],"structure":[168],"individually.":[169],"Thus,":[170],"company's":[172,190],"ability":[173],"optimize":[175],"assets":[176],"generate":[178],"sales":[179],"strategic":[182],"aspect":[183],"enhancing":[185],"market":[186],"perception":[187],"value.":[191],"this":[195],"imply":[197],"need":[206],"prioritize":[208],"effective":[209],"management":[211],"as":[212],"part":[213],"their":[215],"value-enhancing":[216],"strategy.":[217]},"counts_by_year":[],"updated_date":"2026-11-04T10:54:05.112534","created_date":"2026-08-14T00:00:00"}