Return : Study of Management, Economic and Bussines
Vol. 1 No. 4 (2022): Return : Study of Management, Economic And Bussines

Effect of Earnings Per Share, Current Ratio And Return On Equity On Share Price In Property And Real Estate Companies Listed On The Indonesia Stock Exchange In 2018-2021

Diah Wuriah Ningsih (Institut Teknologi dan Bisnis ADIAS)
Tias Penget Wigati (Institut Teknologi dan Bisnis ADIAS)
Isma Krisnanto (Institut Teknologi dan Bisnis ADIAS)



Article Info

Publish Date
20 Dec 2022

Abstract

The purposes of this study are To find out and analyze the effect of Earning Per Share (EPS), Current Ratio (CR), and Return On Equity (ROE) on stock prices in property and real estate companies on the Indonesia Stock Exchange. The technique of collecting research data is through financial data, while the number of samples used is 32 financial data. The sampling technique used a purposive sampling method with a non-random sampling technique. The test instruments used to test the research instruments are the normality test, multicollinearity test, heteroscedasticity test, autocorrelation test, and multiple linear regression test. Hypothesis testing was carried out using a t-test, f-test, and coefficient of determination (R2). The results showed that the earnings per share variable had a significant effect on stock prices in property and real estate companies of 0,938, with a significance of 0.000, and the t-count value of 15,403 was greater than t-table 2.045. The current ratio variable has no effect on stock prices in property and real estate companies of 0,091, with a significance of 0,134, the tcount value of 1,544 is smaller than 2.045. The return on equity variable has a significant and significant effect on stock prices in property and real estate companies of 0,111, with a significance of 0.000, the value of count -2,302 is more significant than 2.045. Earnings per share, current ratio, and return on equity variables have a significant effect on stock prices simultaneously in property and real estate companies with a significance value of 0.000 and a Fount value of 149,030 which is greater than F table 2.95.

Copyrights © 2022






Journal Info

Abbrev

return

Publisher

Subject

Economics, Econometrics & Finance

Description

The Journal RETURN is a double blind peer-reviewed academic journal and open access to social and scientific fields. The journal is published monthly by PT. Publikasiku Academic Solution. The Jurnal RETURN provides a means for sustained discussion of relevant issues that fall within the focus and ...