Digital Bisnis: Jurnal Publikasi Ilmu Manajemen Dan E-commerce
Vol. 5 No. 3 (2026): September : Digital Bisnis: Jurnal Publikasi Ilmu Manajemen dan E-Commerce

Pengaruh EPS, PBV, dan ROE terhadap Harga Saham PT Bukit Asam Tbk Periode 2014 – 2024

Intan Primastuti (Universitas Pamulang)
Fakung Rahman (Universitas Pamulang)



Article Info

Publish Date
24 Aug 2026

Abstract

PT Bukit Asam Tbk is a company that operates in the coal mining sector. This study aims to determine the effect of Earning Per Share (EPS), Price to Book Value (PBV), and Return on Equity (ROE) on the stock price of PT Bukit Asam Tbk during 2014–2024. This study employed a quantitative approach using secondary data. The samples used are the statement of financial position and the statement of profit or loss for the 2014-2024 period. Data analysis techniques included descriptive statistical analysis, classical assumption tests, multiple linear regression analysis, hypothesis testing, correlation coefficient analysis, and coefficient of determination analysis. The partial test results indicate that EPS has a positive and significant effect on stock price, t-value of 3,211 > 2,365 and a significance level of 0,015 < 0,05. PBV also has a positive and significant effect, t-value of 5,024 > 2,365 and a significance level of 0,002 < 0,05. Meanwhile, ROE has no significant effect on stock price, t-value of -1.888 < 2.365 and a significance level of 0,101 > 0,05. The coefficient of determination (Adjusted R Square) value of 0.745 indicates that 74.5% of the fluctuation in Stock Price can be explained by the EPS, PBV, and ROE variables. F test obtained F-calculation value = 10,745 > F-table = 4,35  with a significance level of 0,005 < 0,05 so it can be concluded that there is a significant simultaneous influence between EPS, PBV, and ROE on the Share Price of PT Bukit Asam Tbk.

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Journal Info

Abbrev

Digital

Publisher

Subject

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

Description

Kajian-kajian tersebut diharapkan dapat memperkaya khasanah keilmuan di bidang manajemen dan bisnis sehingga dapat menjadi salah satu referensi bagi para akademisi, pemangku kepentingan dan masyarakat luas. Manajemen SDM Keuangan Akutansi Ekonomi ...