Pengaruh Profitabilitas Terhadap Kinerja Keuangan pada Perusahaan BUMN LQ 45 yang terdaftar di Bursa Efek Indonesia Tahun 2015-2019

The study focuses on BUMN LQ 45 companies listed on the Indonesia Stock
Exchange with financial statements for the 2015-2019 period and the variables
used to analyze are Profitability Ratios with indicators of ROA, ROE, NPM, and
financial performance indicators PBV. To find out how changes or developments
in financial performance are based on ROA, ROE, and NPM BUMN LQ 45 listed
on the Indonesia Stock Exchange quantitative method. It is known that the prob
value is 0.057. The value is 0.057 0.05 so that it accepts H0 and rejects Ha. So it
can be concluded that ROA has no effect on PBV. It is known that the prob value
is 0.649. The value is 0.649 0.05 so that it accepts H0 and rejects Ha. So it can be
concluded that ROE has no effect on PBV. It is known that the prob value is 0.01.
Value 0.01 0.05 so reject H0 and accept Ha. So it can be concluded that NPM has
an influence on PBV. The calculated f value is 5.754 while the f table value with
df1 (3) and df2 (65-362) is obtained by the f table value of 2.75. So that we get
5.754 2.75 or f calculate f table so that it rejects H0 and accepts Ha. So it can be
concluded that together (simultaneously) ROA, ROE and NPM to PBV. While
Based on the value of prob. It is known that the prob value is 0.001. The value is
0.0000 0.05 so that it rejects H0 and accepts Ha. So it can be concluded that
ROA, ROE and NPM on PBV simultaneously have a significant effect.
Keywords : Return on Assets (ROA), Return on Equity (ROE), Net Profit
Margins (NPM), Financial Performance