The financial performance may be measured by Tobin’s Q. The
measurement of a company’s financial performance by using the Tobin’s Q may
look simple; as a result, the Tobin’s Q draws many attentions from the investment
circulation. The investors and the analysts look for simply similar indicators in
order to explain the complex relationship between the economics and the
business. Tobin’s Q as the measuring indicator of financial value have been
widely implemented in the financial researches, especially the ones that focus on
the problems of company values.
The research was performed in order to analyze the financial performance
of the companies operated in the sector of consumerism goods listed in the
Indonesian Stock Exchange from 2000-2013.
The results of the research showed that the financial performance of the
companies operated in the sector of consumerism goods listed in Indonesian Stock
Exchange from 2000-2013 might be stated as a good one. The reason was that the
value of Tobin’s Q from the sampled companies had been bigger than 1 (Tobin’s Q > 1