Claim Missing Document
Check
Articles

Found 22 Documents
Search

Pengaruh Return On Equity (ROE) dan Earning Per Share (EPS) terhadap Harga Saham pada Perusahaan PT Bank Rakyat Indonesia Persero Tbk Periode 2015 – 2024 Agus Suhartono; Vidya Amalia Rismanty; Tri Wartono
AKADEMIK: Jurnal Mahasiswa Humanis Vol. 6 No. 2 (2026): AKADEMIK: Jurnal Mahasiswa Humanis
Publisher : Perhimpunan Sarjana Ekonomi dan Bisnis

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37481/jmh.v6i2.2045

Abstract

The background of this research is based on the importance of financial performance indicators in influencing investor decisions and stock market movements. ROE and EPS are commonly used to assess a company’s profitability and its attractiveness in the capital market, yet their effects on stock prices may vary depending on market conditions and investor perceptions. This study examines the effect of Return on Equity (ROE) and Earnings per Share (EPS) on the stock price of PT. Bank Rakyat Indonesia Tbk during the period 2015–2024. This study employs a quantitative associative approach using secondary data obtained from official financial reports and the company’s website. The data were analyzed using descriptive statistical analysis, classical assumption tests, multiple linear regression analysis, the coefficient of determination (R²), and hypothesis testing (t-test and F-test) with the assistance of SPSS version 26. The results indicate that ROE has a negative and insignificant effect on stock prices, while EPS has a positive and significant effect. Simultaneously, ROE and EPS significantly influence stock prices, with an R² value of 0.959, meaning that 95.9% of stock price variation is explained by these variables.
The Effect of Leverage, Efficiency, and Accounting Profit on Profitability at PT Adhi Karya (Persero) Tbk Period 2015-2024 Kiki Anggar Wati; Vidya Amalia Rismanty
Indonesian Economic Review Vol. 6 No. 1 (2026): February : Indonesian Economic Review
Publisher : Cahaya Abadi Publisher

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53787/iconev.v6i1.102

Abstract

This study analyzes the influence of leverage, asset efficiency, and accounting profit on profitability measured by Return on Equity (ROE) at PT Adhi Karya (Persero) Tbk during 2015–2024. Leverage is proxied by the Debt to Equity Ratio (DER), efficiency by Total Asset Turnover (TATO), and accounting profit by earnings before tax. This research applies a quantitative explanatory method using secondary data derived from published annual financial statements. Data were analyzed using multiple linear regression with classical assumption tests including normality, multicollinearity, heteroscedasticity, and autocorrelation tests. The results indicate that partially, leverage and efficiency do not significantly affect profitability, while accounting profit has a positive and significant effect on ROE. Simultaneously, the three independent variables significantly influence profitability. The Adjusted R² value of 0.895 shows that 89% of profitability variation is explained by the model. These findings suggest that profit stability plays a more dominant role in improving shareholder returns compared to capital structure and asset utilization alone.