Worksheet : Jurnal Akuntansi
Vol 5, No 3 (2026)

PENGARUH EARNING PER SHARE, PRICE TO BOOK VALUE DAN RETURN ON EQUITY TERHADAP HARGA SAHAM

Haerianti Haerianti (Universitas Negeri Makassar)



Article Info

Publish Date
13 Jul 2026

Abstract

This study aims to analyze the effect of Earning Per Share (EPS), Price to Book Value (PBV), and Return on Equity (ROE) on stock prices of companies included in the LQ45 Index on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. This study employs a quantitative method using a multiple linear regression approach. The research population consists of 70 LQ45 companies, with a sample of 19 companies selected through purposive sampling. Data were collected using a documentation method in the form of corporate financial statements. The data analysis techniques include classical assumption tests, t-test, F-test, and the coefficient of determination. The results indicate that partially, EPS and PBV have a positive and significant effect on stock prices, while ROE has a negative effect on stock prices. Simultaneously, EPS, PBV, and ROE have a significant effect on stock prices. The coefficient of determination value of 0.642 indicates that these variables explain 64.2% of the variation in stock prices.

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Journal Info

Abbrev

worksheet

Publisher

Subject

Economics, Econometrics & Finance

Description

Workhsheet adalah Jurnal Prodi Akuntansi yang ditertbitkan dan dikelola oleh Fakultas Ekonomi dan Bisnis Universitas Dharmawangsa (FEB UNDHAR). Jurnal ini diharapakan dapat menjadi alat informasi dan sosialisasi mengenai hasil-hasil penelitian yang mempunyai relevansi dengan : Akuntansi Keuangan ...