Pengaruh Return on Assets Terhadap Harga Saham pada Perusahaan Telekomunikasi yang Terdaftar di Bursa Efek Indonesia Tahun 2018-2022

Jurnal Manuhara: Pusat Penelitian Ilmu Manajemen Dan Bisnis
Vol. 3 No. 1 (2025): Jurnal Manuhara : Pusat Penelitian Ilmu Manajemen dan Bisnis

Profit emerges as a pivotal informational cornerstone captivating investor attention, adeptly revealing the intricate dynamics of a company's stock valuation. Through PBV, researchers can discern stock valuation via a rational and concise approach. The research aims to explore the correlation between profitability and stock price within telecommunication enterprises registered at BEI during the 2020-2022 period. Employing purposive sampling, the study selected 16 companies as analytical units. The research methodology implements a descriptive-verifiable approach, leveraging secondary data sourced from BEI. Statistical analysis proceeded through linear regression to uncover inter-variable relational patterns. Research findings demonstrate that profitability contributes significantly to stock price fluctuations, with a 20.6% influence at a moderate correlation level.