The Influence of Liquidity, Profitability and Capital Structure on the Systematic Risk of Companies in the Consumer Goods Industry Sector On the Indonesia Stock Exchange
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Abstract
Research to analyze the effect of systematic risk, profitability, capital structure and liquidity on company value in companies in the consumer goods industry sector listed on the Indonesia Stock Exchange in 2019-2020. The selection of samples used in this study using purposive sampling and data collection techniques using secondary data in the form of audited financial statements. Based on the established criteria, a sample of 35 companies was obtained consisting of 70 data. The data analysis methods used are descriptive statistical analysis, classical assumption test, multiple linear regression analysis, F test, t test, interaction test and hypothesis testing. The analysis was carried out using the panel data regression method using the help of Eviews 10 software. From the stages of analysis carried out, namely estimating panel data regression models, selecting the best model, testing panel data regression assumptions, testing the feasibility of selected models, and interpreting the model, conclusions were obtained that the best panel data regression approach model is the Fixed Effect Model model. The results showed that, liquidity (CR) had a negatif and insignificant effect on systematic risk variabel (BETA), profitability (ROA) had a negatif and significant effect on systematic risk (BETA) and capital structure (DER) had a positive and insignificant effect on systematic risk (BETA), and independent variables are not simultaneously effect on the dependent variable (systematic risk).
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How to Cite
Enalia, F. (2025). The Influence of Liquidity, Profitability and Capital Structure on the Systematic Risk of Companies in the Consumer Goods Industry Sector On the Indonesia Stock Exchange. ProBisnis : Jurnal Manajemen, 16(4), 678–686. Retrieved from https://ejournal.joninstitute.org/index.php/ProBisnis/article/view/1061
References
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Brigham, E.F., and Houston, J.F. 2013. Fundamentals of Financial Management. First Book. Tenth Edition. Translator Ali Akbar Yulianto. Jakarta: Salemba Four.
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Erna, and Mochammad 2018. Analysis of the influence of capital structure, company size and liquidity on company value with profitability as an intervening variable. Diponegoro Journal Of Management, Semarang. http://ejournal-s1.undip.ac.id/index.php/dbr Vol. 7 No. 2, ISSN (Online): 2337-3792.
Erni and Sylvia. 2015. The Effect of Leverage, Liquidity and Company Performance on the Systematic Risk of Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX). Journal of Business Management Studies Volume 4, Number 2, September 2015.
Fahmi, Irham. 2016. Introduction to Financial Management. Fifth Print. Bandung: Alfabeta.
Fattah, Zaher Abdel. 2020. Impact of Financial Leverage, Size and Assets Structure on Firm Value: Evidence from Industrial Sector, Jordan. International Business Research; Vol. 13, No. 1; 2020 ISSN 1913-9004 E-ISSN 1913-9012 Published by Canadian Center of Science and Education
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Gu, Z., dan Kim, H. 2002. “Determinants of Restaurant Systematic Risk: A Reexamination” dalam Journal of Hospitalty Financial Management, Vol. 10, No. 1.
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Hardinis M. 2019. Capital Structure and Firm Size on Firm Value Moderated by Profitability. Faculty of Economics and Business, Universitas Mercubuana, Jakarta, Indonesia. International Journal of Economics and Business Administration Volume VII, Issue 1, 2019, pp. 174-191.
Harmon. 2018. Financial Management: Based on Balanced Scorecard. First Edition, Seventh Edition. Jakarta: Bumi Aksara.
Hery. 2016. Financial Ratio for Business. Jakarta : PT Grasindo.
Januardi, Nana Varian and Arfianto, Erman Denny. 2017. The Effect of Liquidity, Leverage, Operating Efficiency, Dividend Payput Ratio, Profitability and Company Size on Systematic and Non-Systematic Risks. http://ejournal-s1.undip.ac.id/index.php/dbr. Volume 6, Number 3, Year 2017, Pages 1-14. ISSN (Online): 2337-3792
Jazuli, A. Muhammad, and Witiastuti R.S. 2016. Beta Determinants of Real Estate and Property Companies on the IDX. Management Analysis Journal 5 (1) (2016) http://maj.unnes.ac.id., vol. V no.1, ISSN: 2252- 6552.
Jogiyanto, H.M. 2009. "Portfolio Theory and Investment Analysis". 4th edition of the 1st edition, Yogyakarta: BPFE.
Ko’imah, S. ., & Damayanti, D. (2020). Pengaruh Leverage, Earning Variability, Likuidutas dan Kinerja Perusahaan terhadap Risiko Sistematis pada Perusahaan yang Tercatat pada Index LQ 45 di Bursa Efek Indonesia . INOBIS: Jurnal Inovasi Bisnis Dan Manajemen Indonesia, 4(1), 113 - 133. https://doi.org/10.31842/jurnalinobis.v4i1.170.
Laraswati, Goddess. Akbar Yusuf & Fitrianingsih Amalo (2018). The Influence of Fundamental Factors (Current Ratio, Return On Asset, Return On Equity, Total Asset Turnover and Asset Growth) on Sharia Stock Beta on the Indonesia Stock Exchange. Journal of Accounting, Vol. 5, No. 2.
Listihayana, Yuni and Astuti, Susi. 2020. Analysis of the Influence of Capital Structure, Growth Opportunity, and Systematic Risk on Company Value. Scientific Journal of Management, Business and Accounting Students. Volume 2, No. 1, 2020.
Liu, Dr. Day-Yang dan Cheng-Hsien Lin. 2015. “Does Financial Crisis Matter? Systematic Risk in the Casino Industry”. The Journal of Global Business Management Vol. 11, No.1, April 2015 Issue.
Mariani, Desy. 2018. The Effect of Financial Performance on Company Value with Social Performance and Environmental Performance as Moderator Variables. Journal of Accounting and Finance, Vol. 7
Masdupi, Erni and Sylvia Noberlin. 2015. The Effect of Leverage, Liquidity and Company Performance on the Systematic Risk of Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX). Journal of Business Management Studies Volume 4, Number 2, September 2015.
Ramadhani, R., & Putra, A. (2021). Struktur modal dan profitabilitas terhadap risiko sistematis: Studi pada perusahaan sektor industri dasar dan kimia di BEI. Jurnal Manajemen dan Keuangan, 9(1), 55–67.
Repi, Switli. Pure, Sri. Adare, Decky. 2016. Factors Affecting the Value of Banking Subsector Companies on the IDX in Facing the Mea." EMBA Journal 181 Vol.4 No.1 March 2016, p. 181-19. ISSN 2303-1174
Riyanto, Bambang. 2010. The Basics of Corporate Spending, Fourth Edition, Tenth Edition. Yogyakarta: Faculty of Economics and Business UGM.
Robin dan Eka Bertuah. 2021. The Influence of Asset Structure, Business Risk, Profitability, Company Size, and Capital Structure on Company Value in Property and Real Estate Companies Listed on the Indonesia Stock Exchange (IDX) for the 2015-2019 Period. Budapest international Research and Critics Institute-Journal (BIRCI-Journal). Vol. 4, No. 4, November 2021, Page: 9978-9991. e-ISSN: 2615-3076 (Online), p-ISSN: 2615-1715 (Print). www.bircu-journal.com/index.php/birci
Rodoni, Ahmad, and Herni Ali. 2014. Modern Financial Management. Jakarta: Mitra Discana.
Rudini, Ni Wayan. Gusti Ayu Mahanavami, Gusti Ayu. Parta, Nyoman. Menuh, Ni Nyoman. 2021. The Effect Of Capital Structure, Liquidity And Profitability On Company Value In The Food Sub Sector And Beverages On The Indonesia Stock Exchange. International Journal of Social Science (IJSS) Vol.1 Issue.3 October 2021, pp: 145-150 ISSN: 2798-3463 (Printed) | 2798-4079 (Online) DOI: https://doi.org/10.53625/ijss.v1i3.406
Sari, D. P. (2022). Pengaruh rasio keuangan terhadap beta saham pada perusahaan IDX30. Jurnal Akuntansi dan Keuangan, 18(1), 101–115.
Sartono, August. 2014. Financial Management Theory and Applications Fourth Edition. Yogyakarta : BPFE.
Shin, Yeon Ho. 2005. “An Examination of The Systematic Risk, Determinants of The Casino Industry”. Bachelor of Hotel and Restaurant Administration, Oklahoma State University.
Ko’imah, S. ., & Damayanti, D. (2020). Pengaruh Leverage, Earning Variability, Likuidutas dan Kinerja Perusahaan terhadap Risiko Sistematis pada Perusahaan yang Tercatat pada Index LQ 45 di Bursa Efek Indonesia . INOBIS: Jurnal Inovasi Bisnis Dan Manajemen Indonesia, 4(1), 113 - 133. https://doi.org/10.31842/jurnalinobis.v4i1.170.
Sodikin, Akhmad. 2017. The Effect of Current Ratio, Leverage Ratio and ROI on the Systematic Risk of Food and Beverage Industry Stocks on the Indonesia Stock Exchange. Master of Management Study Program UNKRIS. Journal of Business Management of Krisnadwipayana Industries, Jakarta. Vol. 5. No. 1, ISSN: 2338-4794
Sudan, I did. 2015. Financial Management Theory and Practice. Surabaya: Airlangga University Press.
Sugiyono. 2017. Business Research Methods (Qualitative, Quantitative, and R&D Approaches). Bandung: Alfabeta.
Suseno, Yustiantomo Budi. 2009. Analysis of Factors Affecting Stock Beta (Comparative Case Study of Finance and Manufacturing Companies Listed on the IDX in 2005-2007). Thesis. Semarang: Master of Management
Syawal, Erik. 2013. The Effect of Systematic Risk on Company Performance and Its Implications on Company Value. Master of Business Management, University of Education Indonesia. Vol. 04, No. 01.
Triagustina, Lanti. Sukarmanto, Ed., Helliana. 2014. The Effect of Return On Asset (ROA) and Return On Equity (ROE) on Company Value. Islamic University, Bandung. ISSN No: 2460-6561.
Triasesiarta, Nur. 2019. The Effect of Profitability and Liquidity on Company Value with Company Size as a Moderation Variable. Bina Nusantara University. ESSENCE: Journal of Business Management, Vol. 22 No.1.
Wahyuni, S. (2020). Pengaruh likuiditas, Leverage, dan Profitabilitas terhadap Risiko Sistematis Saham pada Perusahaan Manufaktur di Bursa Efek Indonesia. Jurnal Ekonomi dan Bisnis, 14(2), 112–125. https://doi.org/10.1234/jeb.v14i2. 2020
Wasnieski, K. 2008. Corporate Risk and Shareholder Value. http://www.researchgate.net/publication/228230299 Corporate Risk and Shareholder Value Research_Report. (Diakses 29 Maret 2013).
Yuliani, Isnurhadi and Samadi W. Bakar. 2013. Investment, Funding, and Dividend Decisions on Company Value with Business Risk as a Mediation Variable. Journal of Finance and Banking, Vol.17, No.3 September 2013, pp. 362–375 Accredited SK. No. 64a/DIKTI/Kep/2010 http://jurkubank.wordpress.com
Zuhroh, Idah. 2019. The Effects of Liquidity, Firm Size, and Profitability on the Firm Value with Mediating Leverage. Faculty of Economics and Business. University of Muhammadiyah Malang. pp. 203–230. DOI 10.18502/kss.v3i13.4206.
www.idx.co.id
www.bps.go.id pdb
https://finance.yahoo.com
Abdel, Zaher. 2020. Impact of Financial Leverage, Size and Assets Structure on Firm Value: Evidence from Industrial Sector, Jordan. International Business Research; Vol. 13, No. 1; 2020 ISSN 1913-9004 E-ISSN 1913-9012.
Adhikari, Nabaraj. 2015. “Determinants of Systemic Risk for Companies Listed on Nepal Stock Exchange”. Global Journal of Management and Business Research (C) Finance, Vol. 15, Issue 5, Ver.1.
Andy dan Rossje V.S.P, 2016. Factors Affecting Company Value with Business Risk as a Mediation Variable in Companies Listed on the Indonesia Stock Exchange. Journal of Information, Taxation, Accounting and Public Finance. Faculty of Economics and Business, Trisakti University. Vol. 11 No. 1, pp: 49-70.
Astari, Yola. Rinofah, Risal. Mujino. 2019. The Effect of Capital Structure and Profitability on Company Value with Company Size as Moderation. DOI:10.31955/mea.vol4.iss1.pp191- 201. Vol. 3 No. 3 September-December 2019. e-ISSN: 2621-5306 p-ISSN: 2541-5255.
Audrey, Cecilia and Ngatno. 2018. The Effect of Capital Structure on Company Value with Company Size and Age as Moderator Variables. Journal of Business Administration Sciences, Vol 7. Diponegoro University, Semarang.
Brigham, E.F., and Houston, J.F. 2013. Fundamentals of Financial Management. First Book. Tenth Edition. Translator Ali Akbar Yulianto. Jakarta: Salemba Four.
Boloupremo, Tarila. 2020. STOCK MARKET LIQUIDITY AND FIRM PERFORMANCE IN THE NIGERIAN STOCK EXCHANGE. University of Africa, Bayelsa State. International Journal of Commerce and Finance, Vol. 6, Issue 1, 2020, 31-40.
Cashmere. 2018. Financial Statement Analysis. First Edition, Eleventh Edition. Jakarta: PT Raja Grafindo Persada.
Djaja, Irwan. 2018. Corporate Valuation: Mapping, Creating, Creating, Measuring and Realizing Company Value. Revised Edition. Second Print. Jakarta: PT. Elex Media Komputindo.
Eduardus, Tandelilin. 2001. "Investment Analysis and Risk Management". First Edition. Yogyakarta: BPFE.
Efni, Y. 2011. The Effect of Funding Decisions, Investment Decisions, and Dividend Policies on Company Value Mediated by Risk (Study on the Property and Real Estate Sector on the Indonesia Stock Exchange). Dissertation Summary (Unpublished). University of Brawijaya Malang.
Erna, and Mochammad 2018. Analysis of the influence of capital structure, company size and liquidity on company value with profitability as an intervening variable. Diponegoro Journal Of Management, Semarang. http://ejournal-s1.undip.ac.id/index.php/dbr Vol. 7 No. 2, ISSN (Online): 2337-3792.
Erni and Sylvia. 2015. The Effect of Leverage, Liquidity and Company Performance on the Systematic Risk of Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX). Journal of Business Management Studies Volume 4, Number 2, September 2015.
Fahmi, Irham. 2016. Introduction to Financial Management. Fifth Print. Bandung: Alfabeta.
Fattah, Zaher Abdel. 2020. Impact of Financial Leverage, Size and Assets Structure on Firm Value: Evidence from Industrial Sector, Jordan. International Business Research; Vol. 13, No. 1; 2020 ISSN 1913-9004 E-ISSN 1913-9012 Published by Canadian Center of Science and Education
Fitria, Leni Nur. 2021. The Effect of Profitability and Liquidity on Stock Returns in Investment Risk Mediation (Study on Food and Beverage Companies in the Sharia Securities List). Master thesis, Brawijaya University. http://repository.ub.ac.id/id/eprint/187803.
Gelatang, Jessica, S. Murni, and D. Baramuli. 2016. Analysis of Capital Structure, Company Size, Return on Equity, and Company Risk to Company Value (Case Study on Cigarette Companies Listed on the IDX 2011-2014). Journal of Scientific Efficiency Periodicals, Vol.16, No. 03.
Ghozali, Imam. 2013. Application of Multivariate Analysis with SPSS Program. Seventh Edition. Semarang: Publishing Agency, Diponegoro University.
Goddess and Hero. 2013. The Influence of Capital Structure, Profitability and Company Size on Company Value. E.g., University of Wisconsin, Illinois. ISSN No: 358-372.
Gujarati, D. N. (2008). Basic Econometric (fifth edit). Singapore: MCGraw-Hill Inc.
Gujarati, D. (2001). Basic econometrics. Jakarta: Erlangga.
Gu, Z., dan Kim, H. 2002. The Examination of The Determinants of Hotel REITs Unsystematic Risk. Journal of Hospitality and Tourism Research.
Gu, Z., dan Kim, H. 2002. “Determinants of Restaurant Systematic Risk: A Reexamination” dalam Journal of Hospitalty Financial Management, Vol. 10, No. 1.
Halim, Abdul. 2015. Business Financial Management. First Edition. Bogor: Ghalia Indonesia.
Hardinis M. 2019. Capital Structure and Firm Size on Firm Value Moderated by Profitability. Faculty of Economics and Business, Universitas Mercubuana, Jakarta, Indonesia. International Journal of Economics and Business Administration Volume VII, Issue 1, 2019, pp. 174-191.
Harmon. 2018. Financial Management: Based on Balanced Scorecard. First Edition, Seventh Edition. Jakarta: Bumi Aksara.
Hery. 2016. Financial Ratio for Business. Jakarta : PT Grasindo.
Januardi, Nana Varian and Arfianto, Erman Denny. 2017. The Effect of Liquidity, Leverage, Operating Efficiency, Dividend Payput Ratio, Profitability and Company Size on Systematic and Non-Systematic Risks. http://ejournal-s1.undip.ac.id/index.php/dbr. Volume 6, Number 3, Year 2017, Pages 1-14. ISSN (Online): 2337-3792
Jazuli, A. Muhammad, and Witiastuti R.S. 2016. Beta Determinants of Real Estate and Property Companies on the IDX. Management Analysis Journal 5 (1) (2016) http://maj.unnes.ac.id., vol. V no.1, ISSN: 2252- 6552.
Jogiyanto, H.M. 2009. "Portfolio Theory and Investment Analysis". 4th edition of the 1st edition, Yogyakarta: BPFE.
Ko’imah, S. ., & Damayanti, D. (2020). Pengaruh Leverage, Earning Variability, Likuidutas dan Kinerja Perusahaan terhadap Risiko Sistematis pada Perusahaan yang Tercatat pada Index LQ 45 di Bursa Efek Indonesia . INOBIS: Jurnal Inovasi Bisnis Dan Manajemen Indonesia, 4(1), 113 - 133. https://doi.org/10.31842/jurnalinobis.v4i1.170.
Laraswati, Goddess. Akbar Yusuf & Fitrianingsih Amalo (2018). The Influence of Fundamental Factors (Current Ratio, Return On Asset, Return On Equity, Total Asset Turnover and Asset Growth) on Sharia Stock Beta on the Indonesia Stock Exchange. Journal of Accounting, Vol. 5, No. 2.
Listihayana, Yuni and Astuti, Susi. 2020. Analysis of the Influence of Capital Structure, Growth Opportunity, and Systematic Risk on Company Value. Scientific Journal of Management, Business and Accounting Students. Volume 2, No. 1, 2020.
Liu, Dr. Day-Yang dan Cheng-Hsien Lin. 2015. “Does Financial Crisis Matter? Systematic Risk in the Casino Industry”. The Journal of Global Business Management Vol. 11, No.1, April 2015 Issue.
Mariani, Desy. 2018. The Effect of Financial Performance on Company Value with Social Performance and Environmental Performance as Moderator Variables. Journal of Accounting and Finance, Vol. 7
Masdupi, Erni and Sylvia Noberlin. 2015. The Effect of Leverage, Liquidity and Company Performance on the Systematic Risk of Manufacturing Companies Listed on the Indonesia Stock Exchange (IDX). Journal of Business Management Studies Volume 4, Number 2, September 2015.
Ramadhani, R., & Putra, A. (2021). Struktur modal dan profitabilitas terhadap risiko sistematis: Studi pada perusahaan sektor industri dasar dan kimia di BEI. Jurnal Manajemen dan Keuangan, 9(1), 55–67.
Repi, Switli. Pure, Sri. Adare, Decky. 2016. Factors Affecting the Value of Banking Subsector Companies on the IDX in Facing the Mea." EMBA Journal 181 Vol.4 No.1 March 2016, p. 181-19. ISSN 2303-1174
Riyanto, Bambang. 2010. The Basics of Corporate Spending, Fourth Edition, Tenth Edition. Yogyakarta: Faculty of Economics and Business UGM.
Robin dan Eka Bertuah. 2021. The Influence of Asset Structure, Business Risk, Profitability, Company Size, and Capital Structure on Company Value in Property and Real Estate Companies Listed on the Indonesia Stock Exchange (IDX) for the 2015-2019 Period. Budapest international Research and Critics Institute-Journal (BIRCI-Journal). Vol. 4, No. 4, November 2021, Page: 9978-9991. e-ISSN: 2615-3076 (Online), p-ISSN: 2615-1715 (Print). www.bircu-journal.com/index.php/birci
Rodoni, Ahmad, and Herni Ali. 2014. Modern Financial Management. Jakarta: Mitra Discana.
Rudini, Ni Wayan. Gusti Ayu Mahanavami, Gusti Ayu. Parta, Nyoman. Menuh, Ni Nyoman. 2021. The Effect Of Capital Structure, Liquidity And Profitability On Company Value In The Food Sub Sector And Beverages On The Indonesia Stock Exchange. International Journal of Social Science (IJSS) Vol.1 Issue.3 October 2021, pp: 145-150 ISSN: 2798-3463 (Printed) | 2798-4079 (Online) DOI: https://doi.org/10.53625/ijss.v1i3.406
Sari, D. P. (2022). Pengaruh rasio keuangan terhadap beta saham pada perusahaan IDX30. Jurnal Akuntansi dan Keuangan, 18(1), 101–115.
Sartono, August. 2014. Financial Management Theory and Applications Fourth Edition. Yogyakarta : BPFE.
Shin, Yeon Ho. 2005. “An Examination of The Systematic Risk, Determinants of The Casino Industry”. Bachelor of Hotel and Restaurant Administration, Oklahoma State University.
Ko’imah, S. ., & Damayanti, D. (2020). Pengaruh Leverage, Earning Variability, Likuidutas dan Kinerja Perusahaan terhadap Risiko Sistematis pada Perusahaan yang Tercatat pada Index LQ 45 di Bursa Efek Indonesia . INOBIS: Jurnal Inovasi Bisnis Dan Manajemen Indonesia, 4(1), 113 - 133. https://doi.org/10.31842/jurnalinobis.v4i1.170.
Sodikin, Akhmad. 2017. The Effect of Current Ratio, Leverage Ratio and ROI on the Systematic Risk of Food and Beverage Industry Stocks on the Indonesia Stock Exchange. Master of Management Study Program UNKRIS. Journal of Business Management of Krisnadwipayana Industries, Jakarta. Vol. 5. No. 1, ISSN: 2338-4794
Sudan, I did. 2015. Financial Management Theory and Practice. Surabaya: Airlangga University Press.
Sugiyono. 2017. Business Research Methods (Qualitative, Quantitative, and R&D Approaches). Bandung: Alfabeta.
Suseno, Yustiantomo Budi. 2009. Analysis of Factors Affecting Stock Beta (Comparative Case Study of Finance and Manufacturing Companies Listed on the IDX in 2005-2007). Thesis. Semarang: Master of Management
Syawal, Erik. 2013. The Effect of Systematic Risk on Company Performance and Its Implications on Company Value. Master of Business Management, University of Education Indonesia. Vol. 04, No. 01.
Triagustina, Lanti. Sukarmanto, Ed., Helliana. 2014. The Effect of Return On Asset (ROA) and Return On Equity (ROE) on Company Value. Islamic University, Bandung. ISSN No: 2460-6561.
Triasesiarta, Nur. 2019. The Effect of Profitability and Liquidity on Company Value with Company Size as a Moderation Variable. Bina Nusantara University. ESSENCE: Journal of Business Management, Vol. 22 No.1.
Wahyuni, S. (2020). Pengaruh likuiditas, Leverage, dan Profitabilitas terhadap Risiko Sistematis Saham pada Perusahaan Manufaktur di Bursa Efek Indonesia. Jurnal Ekonomi dan Bisnis, 14(2), 112–125. https://doi.org/10.1234/jeb.v14i2. 2020
Wasnieski, K. 2008. Corporate Risk and Shareholder Value. http://www.researchgate.net/publication/228230299 Corporate Risk and Shareholder Value Research_Report. (Diakses 29 Maret 2013).
Yuliani, Isnurhadi and Samadi W. Bakar. 2013. Investment, Funding, and Dividend Decisions on Company Value with Business Risk as a Mediation Variable. Journal of Finance and Banking, Vol.17, No.3 September 2013, pp. 362–375 Accredited SK. No. 64a/DIKTI/Kep/2010 http://jurkubank.wordpress.com
Zuhroh, Idah. 2019. The Effects of Liquidity, Firm Size, and Profitability on the Firm Value with Mediating Leverage. Faculty of Economics and Business. University of Muhammadiyah Malang. pp. 203–230. DOI 10.18502/kss.v3i13.4206.
www.idx.co.id
www.bps.go.id pdb
https://finance.yahoo.com