JURNAL AKADEMIK EKONOMI DAN MANAJEMEN
Vol. 3 No. 1 (2026): JURNAL AKADEMIK EKONOMI DAN MANAJEMEN 

Pengaruh Debt To Equity Ratio, Return On Equity, Dan Earning Per Share Terhadap Return Saham Pada PT Sidomuncul Tbk Periode 2015-2024

Shafa Zahra Muthi (Unknown)
Ani Meryati (Unknown)



Article Info

Publish Date
11 Mar 2026

Abstract

This study aims to determine the partial and simultaneous effects of Debt to Equity Ratio, Return On Equity, and Earning Per Share on Stock Returns at PT Sidomuncul Tbk, a company listed on the Indonesia Stock Exchange (IDX) for the period 2015-2024. The data analysis methods used in this study were descriptive statistical tests, classical assumption tests, multiple regression analysis, correlation coefficients, determination coefficients, T-tests, and F-tests. The results of the study show that the Debt to Equity Ratio partially has no effect on stock returns with a t-value of 1.049 < t-table 2.447 and a significance value of 0.335 > 0.05. Return on Equity also has no partial effect on stock returns with a t-value of 0.860 < t-table 2.447 and a significance value of 0.423 > 0.05. Meanwhile, Earning Per Share partially has a significant effect on stock returns with a t-value of 6.985 > t-table 2.447 and a significance value of 0.000 < 0.05. Meanwhile, the F test results show that Debt to Equity Ratio, Return on Equity, and Earning Per Share have a significant effect on Stock Return with a t-value of 16.344 > t-table 4.76 and a significance value of 0.003 < 0.05.      

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Journal Info

Abbrev

jaem

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JURNAL AKADEMIK EKONOMI DAN MANAJEMEN (JAEM) berfokus pada penerbitan artikel berkualitas tinggi yang didedikasikan untuk semua aspek penelitian, masalah, dan perkembangan terbaru di bidang Ilmu Manajemen. Topik dalam Jurnal ini berkaitan dengan aspek apapun dari manajemen, namun tidak terbatas pada ...