JURNAL ILMIAH SOCIO SECRETUM
Vol 12 No 1 (2023): JUNI

The Influence Of Financial Ratio On Stock Prices In Manufacturing Companies Listed On The Indonesia Stock Exchange

Dahlia Gultom (Universitas Darma Agung)



Article Info

Publish Date
05 Jun 2020

Abstract

The object studied in this study is a manufacturing company in the cosmetic and household sub-sectors listed on the Indonesia Stock Exchange for the period 2018-2020. The purpose of this study was to determine the effect of ROA, ROE, EPS on stock prices either partially or simultaneously. The sample in the study were 7 companies. The sampling technique is purposive sampling. The regression equation obtained in this study is Y = 6.036 – 2.397X_1 + 2.375X_2 – 0.074X_3. The results show that ROA partially has no effect on stock prices where the significant value is 0.220 > 0.05, ROE partially has no effect on stock prices where the significant value is 0.169 > 0.05, and EPS partially has no effect on stock prices where the significant value is 0.395. > 0.05. Simultaneously, the ROA, ROE, EPS variables have no significant effect on the stock price 0.165 > 0.05, and the Adjusted R Square value is 0.089. This means that 8.9% of the dependent variable or stock price is influenced by the independent variable, while the remaining 91.1 % is influenced by other variables not examined in this study.

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Journal Info

Abbrev

socio

Publisher

Subject

Law, Crime, Criminology & Criminal Justice Social Sciences

Description

This journal is a collection of research results, studies or community service activities that elaborate the field of Social and Management in general. This journal also contains scientific studies of Management clusters, such as: Social Sciences, Office Administration Management Sciences, Social ...