Pajak dan Manajemen Keuangan
Vol. 3 No. 4 (2026): Agustus: Pajak dan Manajemen Keuangan (PAJAMKEU)

Pengaruh EPS, DER, CR, dan TATO terhadap Harga Saham Perusahaan Sub-Sektor Otomotif dan Komponen di BEI Periode 2021–2025

Fani Yudha Pratama (Unknown)
Rosmita Rosmita (Unknown)



Article Info

Publish Date
31 Aug 2026

Abstract

This study aims to examine the effect of Earnings Per Share (EPS), Debt to Equity Ratio (DER), Current Ratio (CR), and Total Asset Turnover (TATO) on Stock Price in automotive and component sub-sector companies on the Indonesia Stock Exchange (IDX) during the 2021-2025 period, both partially and simultaneously. This research is motivated by the phenomenon of stock price fluctuations in automotive companies that do not always align with their fundamental financial performance, as well as inconsistencies in previous research findings regarding the influence of these four variables on stock price. The research method used is a quantitative associative approach with panel data regression analysis using EViews software. The research sample was determined through purposive sampling technique, resulting in 7 companies observed over a 5-year period, yielding 35 observations. The results show that EPS has a positive and significant effect, DER has a negative and significant effect, while CR and TATO have no significant partial effect on stock price. Simultaneously, the four variables have a significant effect on stock price with a coefficient of determination (R-Square) of 68.56 percent. These results are expected to serve as a consideration for investors and corporate management in making investment decisions and financial policies.

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Journal Info

Abbrev

PAJAMKEU

Publisher

Subject

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

Description

untuk mendiseminasikan, mengembangkan dan memfasilitasi hasil-hasil penelitian Ilmu Manajemen, Ilmu Perpajakan dan Akuntansi, sebagai wadah bagi para dosen, guru, peneliti dan praktisi di bidang Ekonomi dan ...