PENGARUH CAPITAL ADEQUACY RATIO (CAR) DAN RETURN ON ASSETS (ROA) TERHADAP NILAI PERUSAHAAN PADA PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2021-2025
Sari
The banking industry plays a crucial role in maintaining economic stability. Analyzing modalities and profitability is crucial for strategic decision-making in the field of macroeconomics. Because of this, this study examines the impact of CAR and ROA on the Nilai Perusahaan (PBV) of banks in BEI between 2021 and 2025.
The purpose of this study is to understand the relationship between Capital Adequay Ratio (CAR) and PBV, Return on Assets (ROA) and PBV, and the simultaneous relationship between the two.
This study used the Quantitative Associative Causal method, which looks at the relationship between numbers. Population: Banks listed on the Indonesia Stock Exchange (IDX) from 2021 to 2025; Sampling Method: Purposive Sampling (based on certain criteria); Number of Samples: 6 Banks x 5 years = 30 data points; (CAR) total capital: atmr x 100%; (ROA): net income: total assets x 100%; and (PBV): stock market price: book value of stock. Descriptive Statistics, Classical Assumption Tests, Multiple Linear Regression Analysis, and Hypothesis Testing were done using SPSS 26.
CAR Variable (X1): The t-test results indicate a significance value greater than 0.05 (Sig.0.956 > 0.05); thus, partially, CAR has no significant effect on Firm Value (PBV). ROA Variable (X2): The t-test results show a significance value less than 0.05 (Sig.0.000 < 0.05), indicating that partially, ROA has a positive and significant effect on Firm Value (PBV). Based on the simultaneous test results using IBM SPSS version 26, the calculated F-value (Fcount) is 23.994, and the table F-value (Ftable) is 3.35. Since Fcount > text Ftable (23.994 > 3.35) with a significance level of 0.000 < 0.05, H0 is rejected and Ha is accepted. It can be concluded that Capital Adequacy Ratio (CAR) and Return On Assets (ROA) simultaneously have a significant effect on Firm Value (PBV) in banking companies listed on the IDX for the 2021–2025 period.
The statistical test results indicate that partially, Capital Adequacy Ratio (CAR, X1) has no significant effect on Firm Value (PBV). However, Return on Assets (ROA, X2) partially has a positive and significant effect on Firm Value (PBV). Simultaneously, CAR and ROA together have a significant effect on Firm Value (PBV) in banking companies listed on the IDX during the 2021–2025 period.
Keywords: Capital Adequacy Ratio (CAR), Return On Assets (ROA), Firm Value (PBV)
Teks Lengkap:
PDFReferensi
Akuntansi, J., Purnomo, A. K., Sari, U. K., Nuralizah, A., Bandung, U. N., & Author, C. (2024). Pengaruh Return on Asset ( ROA ) dan Debt to Equity Ratio ( DER ) Terhadap Price to Book Value ( PBV ) Pada Perusahaan Sub Sektor Makanan dan Minuman yang Terdaftar Di Bursa Efek Indonesia Periode. 8(April), 1759–1767.
Bagiana, I. K. (2024). Pengaruh Kewajiban Pemenuhan Modal Minimum terhadap Kinerja Perusahaan : Peran Risiko Kredit sebagai Variabel Moderasi. 3(2), 934–944.
Bursa Efek Indonesia. (2021-2025). Laporan Tahunan. Diakses pada 30 April 2026, dari www.idx.co.id
Dewi, K. W., Herlinawati, E., Suryaningprang, A., Sudaryo, Y., Manajemen, P. S., Indonesia, U., & Bandung, M. (2022). Pengaruh CR , DER , TATO , dan ROA Terhadap PBV Pada PT Indomobil Sukses Internasional Tbk. 3, 269–283.
Di, T., & Periode, B. E. I. (2023). PENGARUH KINERJA KEUANGAN TERHADAP NILAI PERUSAHAAN ( STUDI KASUS PADA PERBANKAN YANG. 2(1), 932–941.
Ekonomi, I. J., Manajemen, A., Safitri, A. H., Syaipudin, U., Jalan, A., Jl, P., Ir, P., Brojonegoro, S., & Lampung, K. B. (2025). Pengaruh Pengungkapan Sustainability Information , Profitabilitas dan Capital Adequacy Ratio terhadap Nilai Perusahaan Universitas Lampung , Indonesia Grafik Data perusahaan Perbankan yang melaporan Sustainability Report Data Bank yang Melaporkan Sustainability Report melaporkan laporan keberlanjutan sejak tahun 2017 dan menurut data perbankan yang sudah.
Fakultas Ekonomi dan Bisnis Universitas Bina Bangsa. 2026. Pedoman penulisan skripsi, jurnal ilmiah dan publikasi tahun 2026, Serang: Universitas Bina Bangsa.
Jurnal, E., Ekonomi, I., Suci, M., & Sukarno, R. (2025). Pengaruh Kinerja Keuangan terhadap Nilai Perusahaan pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2020-2023. 18(1), 371–386.
Maulidiah, A. D., Nuha, G. A., Kamelia, I., & Afroh, F. (2025). Pengaruh Tingkat Kesehatan Bank melalui Metode RGEC terhadap Nilai Perusahaan pada Bank yang Terdaftar di Bursa Efek Indonesia Periode 2020-2024. 6(1), 1–10. https://doi.org/10.47065/jtear.v6i1.2138
Miandari, M., Andriyani, M. I., & Noviantoro, D. (2022). PENGARUH RETURN ON ASSET , CURRENT RATIO , DEBT TO EQUITY RATIO DAN SIZE TERHADAP NILAI PERUSAHAAN PERBANKAN DI BURSA EFEK INDONESIA PERIODE 2018-2022. 15(1), 62–78.
Monica, G., Harini, G., Pratama, I. M., Studi, P., Akuntansi, P., & Barat, S. (2025). Pengaruh Return on Assets , Ukuran Perusahaan , Likuiditas dan Solvabilitas terhadap Nilai Perusahaan. 4(3), 535–545. https://doi.org/10.54259/akua.v4i3.5219
Profitabilitas, P., Dividen, K., Ukuran, D. A. N., & Sari, H. (n.d.). Pengaruh profitabilitas, kebijakan dividen dan ukuran perusahaan terhadap nilai perusahaan.
Sugiyono. 2023. Metode Penelitian Kuantitatif, Kualitatif dan Research and Development, Alfabeta Bandung.
Size, F., Modeling, S. E., & Size, F. (2021). Jurnal Riset Ekonomi dan Bisnis. 14(2), 117–132.
DOI: https://doi.org/10.33559/err.v5i11.4018
Refbacks
- Saat ini tidak ada refbacks.