Eduvest - Journal of Universal Studies
Vol. 4 No. 3 (2024): Journal Eduvest - Journal of Universal Studies

The Effect of Financial Ratios on Stock Prices

Subastyan, Galih Mulya (Unknown)



Article Info

Publish Date
20 Mar 2024

Abstract

This study aims to provide empirical evidence on the impact of fundamental factors on stock prices. The factors identified in this study include the current ratio, return on assets, debt to equity ratio, earning per share, and price earnings ratio. The study was conducted on 20 manufacturing companies in the basic industry and chemical sector listed on the Indonesia stock exchange during 2019-2021. The purposive sampling method was used to select the sample. The multiple regression model was employed as a statistical testing tool. The study found that return on assets and earning per share have a significant and positive impact on stock prices, consistent with the hypothesis. However, the current ratio, debt Equity ratio, and price earnings ratio do not significantly impact stock prices.

Copyrights © 2024






Journal Info

Abbrev

edv

Publisher

Subject

Aerospace Engineering Computer Science & IT Health Professions Neuroscience Social Sciences

Description

Eduvest - Journal of Universal Studies is a double blind peer-reviewed academic journal and open access to multidiciplinary fields. The journal is published monthly by Green Publisher Indonesia. Eduvest - Journal of Universal Studies provides a means for sustained discussion of relevant issues that ...