Predicting returns with financial ratios: Evidence from Indonesian Stock Exchange

The prediction of stock prices movement has always been a concern for investors when they make investment decisions. Most of stock markets all over the world provide data on price to earnings ra-tio (P/E) and price to book value ratio (P/B). How reliable these data are for investment is not clear-ly...

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Bibliographic Details
Main Author: Yohanes Indrayono
Format: Article
Language:English
Published: Growing Science 2019-06-01
Series:Management Science Letters
Subjects:
Online Access:http://www.growingscience.com/msl/Vol9/msl_2019_150.pdf