Jurnal Ilmiah Akuntansi
Vol. 3 No. 3 (2026): Agustus: Jurnal Ilmiah Akuntansi (JILAK)

PENGARUH RETURN ON EQUITY, CURRENT RATIO, INVENTORY TURNOVER DAN PRICE TO BOOK VALUE TERHADAP HARGA SAHAM

Ina Septiahani (Universitas Budi Luhur)
Anissa Amalia Mulya (Universitas Budi Luhur)



Article Info

Publish Date
31 Aug 2026

Abstract

This study aims to examine the effect of Return on Equity, Current Ratio, Inventory Turnover and Price to Book Value on Stock Prices of Consumer Non-Cyclicals companies in the Food and Beverage subsector listed on the Indonesia Stock Exchange during the 2022–2025 period. In this study, Return on Equity, Current Ratio, Inventory Turnover, and Price to Book Value serve as the independent variables, while Stock Price is the dependent variable. This study uses secondary data obtained from the annual financial statements of Consumer Non-Cyclicals companies in the Food and Beverage subsector listed on the Indonesia Stock Exchange for the 2022–2025 period. The sampling technique employed is purposive sampling, resulting in a total sample of 205 observations. The data were analyzed using multiple linear regression with the assistance of the Statistical Package for the Social Sciences (SPSS). The results indicate that Return on Equity, Current Ratio, Inventory Turnover, and Price to Book Value simultaneously have a significant effect on Stock Prices. Partially, Return on Equity, Current Ratio, and Price to Book Value have a significant effect on Stock Prices. In contrast, Inventory Turnover has no significant effect on Stock Prices of Consumer Non-Cyclicals companies in the Food and Beverage subsector listed on the Indonesia Stock Exchange during the 2022–2025 period.

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Journal Info

Abbrev

jilak

Publisher

Subject

Education Other

Description

Jurnal Ilmiah Akuntansi (JILAK), E-ISSN: 3047-2334 (Online) / P-ISSN: 3047-1931 (print)) diterbitkan oleh Denasya Smart Publisher. Penerbitan jurnal ini bertujuan untuk meningkatkan kualitas ilmu pengetahuan, serta menyalurkan minat berbagi dan menyebarluaskan ilmu pengetahuan kepada akademisi, ...