Authors :
Jarinthon Namkhan; Sureerat Sanalert; Kamondat Aramrathtanachai
Volume/Issue :
Volume 9 - 2024, Issue 4 - April
Google Scholar :
https://tinyurl.com/y368p74z
Scribd :
https://tinyurl.com/2nvmkhjn
DOI :
https://doi.org/10.38124/ijisrt/IJISRT24APR442
Abstract :
This research aims to study financial ratios.
Agricultural and food industry groups, consumer
products, financial businesses Industrial products Real
estate and construction, resources, services, and
technology industry groups and study financial ratios that
have a relationship with market value of listed companies
that have announced the results of the SET ESG Ratings
2023 sustainable stock assessment, companies listed on
the Stock Exchange of Thailand that have been
announced the results of the SET ESG Ratings 2023
sustainable stock assessment as of (November 6, 2023)
that are ranked AAA and AA and have continuous ESG
assessment from 2020 to 2022 only. A total of 3 years, 60
companies, separated into 8 industry groups, totaling 180
samples, including data from financial statements.
Annual report and Form 56-1. The received data is
analyzed statistically according to the research objectives
with a ready-made program. The statistics used to
analyze the data are descriptive statistics, namely the
average, quantitative statistics such as the analysis of the
Pearson correlation coefficient. and Multiple Regression
Analysis.
Major Findings
Working capital ratio (CR) and book price per share
ratio (BV) found that the working capital ratio (CR) was
equal to .217, which is at a positive value. The results can be
interpreted as The working capital ratio (CR) is related to the
book price per share (BV) ratio and is related in the same
direction. Return on assets ratio (ROA) and book price per
share ratio (BV) found that the return on assets ratio (ROA)
was equal to .246, which is at a positive value. The results can
be interpreted as Return on assets ratio (ROA) is related to
the book price per share (BV) ratio and is related in the same
direction. and net profit margin (NPM) and book price per
share ratio (BV), it was found that the net profit margin
(NPM) was equal to .311, which is at a positive value. The
results can be interpreted as Net profit margin (NPM) is
related to book price per share (BV) ratio and is significantly
related in the same direction at the 0.05 level.
Keywords :
Financial Ratios; Market Value; Sustainable Stocks.
This research aims to study financial ratios.
Agricultural and food industry groups, consumer
products, financial businesses Industrial products Real
estate and construction, resources, services, and
technology industry groups and study financial ratios that
have a relationship with market value of listed companies
that have announced the results of the SET ESG Ratings
2023 sustainable stock assessment, companies listed on
the Stock Exchange of Thailand that have been
announced the results of the SET ESG Ratings 2023
sustainable stock assessment as of (November 6, 2023)
that are ranked AAA and AA and have continuous ESG
assessment from 2020 to 2022 only. A total of 3 years, 60
companies, separated into 8 industry groups, totaling 180
samples, including data from financial statements.
Annual report and Form 56-1. The received data is
analyzed statistically according to the research objectives
with a ready-made program. The statistics used to
analyze the data are descriptive statistics, namely the
average, quantitative statistics such as the analysis of the
Pearson correlation coefficient. and Multiple Regression
Analysis.
Major Findings
Working capital ratio (CR) and book price per share
ratio (BV) found that the working capital ratio (CR) was
equal to .217, which is at a positive value. The results can be
interpreted as The working capital ratio (CR) is related to the
book price per share (BV) ratio and is related in the same
direction. Return on assets ratio (ROA) and book price per
share ratio (BV) found that the return on assets ratio (ROA)
was equal to .246, which is at a positive value. The results can
be interpreted as Return on assets ratio (ROA) is related to
the book price per share (BV) ratio and is related in the same
direction. and net profit margin (NPM) and book price per
share ratio (BV), it was found that the net profit margin
(NPM) was equal to .311, which is at a positive value. The
results can be interpreted as Net profit margin (NPM) is
related to book price per share (BV) ratio and is significantly
related in the same direction at the 0.05 level.
Keywords :
Financial Ratios; Market Value; Sustainable Stocks.
