The effect of performance evaluation market ratios on the stock return: evidence from construction listed companies in Bursa Malaysia / Hasimah Hamdin

The main objective of this study is to investigate the effect of performance evaluation market ratios on the stock return of construction companies listed in the Bursa Malaysia. For this purpose, a sample of 10 companies were investigated and analyzed among the construction companies listed in the Bursa Malaysia during the years 2011 until 2015. In this study is used the variables of earnings per share (EPS), price to earnings ratio (PE) and the ratio of market value to book value of equity (MVBV) to evaluate the market ratios of performance evaluation of construction companies. The research results indicate that earnings per share ratio and market value to book value ratio have significant and positive effects on stock return. Also obtained results show that the variables of price to earnings ratio has insignificant and negative effects on stock return.