Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Review: Journal of Multidisciplinary in Social Sciences
Alya Girdayani
Universitas Gunadarma
Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
The Effect of Return on Assets, Return on Equity, and Net Profit Margin on the Share Price of PT Bank Central Asia Tbk during 2019–2023 Sariyati Sariyati; Guyub Nuryanto; Alya Girdayani
Review: Journal of Multidisciplinary in Social Sciences Vol. 3 No. 06 (2026): June 2026
Publisher : Lentera Ilmu Nusantara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59422/rjmss.v3i06.1440

Abstract

This study aims to examine the effects of Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM) on the share price of PT Bank Central Asia Tbk during the 2019–2023 period. The study employed a quantitative approach using secondary data obtained from the official websites of the Indonesia Stock Exchange and PT Bank Central Asia Tbk. A total of 20 observations were analyzed using multiple linear regression. The analysis included classical assumption tests consisting of normality, multicollinearity, heteroscedasticity, and autocorrelation tests, followed by partial t-tests, a simultaneous F-test, and the coefficient of determination. The results indicate that ROA has a significant negative effect on the company’s share price, whereas ROE and NPM have significant positive effects. Simultaneously, ROA, ROE, and NPM have a significant effect on the share price of PT Bank Central Asia Tbk. The adjusted R-squared value of 0.907 indicates that the three financial ratios explain 90.7% of the variation in share price, while the remaining 9.3% is explained by other variables not included in this study. These findings demonstrate that profitability ratios play an important role in explaining changes in the company’s share price.
Co-Authors Guyub Nuryanto Sariyati Sariyati