Analysis of Factors Affecting Book Value per Share of Agribusiness Sector in the Stock Exchange of Thailand

Abstract

The objectives of this article are 1) to analyze the financial factors of the agribusiness group and 2) to analyze the factors affecting the book value per share of the agribusiness group. in the Stock Exchange of Thailand, the research model is quantitative research. The population is a listed and traded company. Agricultural Securities 14 companies listed on the Stock Exchange of Thailand. The sample group is companies listed on the Stock Exchange of Thailand. Agricultural Securities stock trading office and show the annual report form from the fiscal year 2017 to 2021, a total of 5 fiscal periods, 55 samples were selected by purposive selection method. There is 1 type of research tool which is the annual report form displayed on the website of the Stock Exchange of Thailand. Quantitative data were analyzed by basic statistics and reference statistics, correlation analysis and regression analysis. The results showed that

1. Financial factors in the agricultural sector found that the average CR was 3.186 times of current liabilities, the average ROA was 3.186 percent, the average ROE was -6.850 percent, DE had liabilities compared to the average assets at 1.470. As OM efficiency in cost management and operating profits the average is -98.0671 percent and the average NAV is 4.538.

2. The relationship with the book value (NAV) found that the ratio of return on assets (ROA) has a relationship in the same direction. And the liquidity ratio (CR) is related to the book value (NAV) in the opposite direction. Significantly at the 0.05 level.