بررسي رابطه بين بازده سالانه سهام و نسبت ارزش دفتري به ارزش بازار حقوق صاحبان سهام ، نسبت سود به قيمت ، اهرم مالي و اندازه شركت در بورس اوراق بهادار تهران

Examination of the Relationship between Stock Return and BIP Ratio, EIP Ratio, Financial Leverage and Firm Size in Tehran Stock Exchange

The importance of predicting stock return and its role in investorsʹ decision making causes several research. The main goal of this paper is examining the relationship between stock return and B/P Ratio, E/P Ratio, Financial Leverage and Firm Size in Tehran Stock Exchange. The research sample is consisted of 126 firms that their required data for a four years period (1380-1383) are available. The pooled data regression is used to examine the hypotheses. The results indicate that relationships between annual stock return and P/E ratio, E/P ratio and firm size are significant. There isnʹt any significant relationship between annual stock return and financial leverage.