<![CDATA[This study aims to examine the effect of Economic Growth, Inflation, and Price to Book Value (PBV) on stock prices at PT Blue Bird Tbk during the 2015-2024 period. The sample used in this study consists of secondary data obtained from the financial statements of PT Blue Bird Tbk during the 2015-2024 period. The sample used in this study consists of secondary data obtained from the financial statements of PT Blue Bird Tbk and macroeconomic data in the form of Economic Growth and Inflation during the 2015-2024 period. This study employed a quantitative rfesearch method using descriptive statistical analysis, classical assumption tests, multiple linear regression analysis, hypothesis testing consisting of partial test (T-test) and simultaneous tests (F-test), as well as the coefficient of determination test using SPSS version 27. The results indicate that the Economic Growth variable (X1) has no significant effect on Stock Prices (Y), with a significant value of 0.846 > 0.05. (X2) has no significant effect on Stock Prices (Y), with a significance value of 0.757 < 0.05. Meanwhile, the price to book value (X3) with a significant value of 0.001> 0.05 The result of the F test shows that Economic Growth (X1), Inflation (X2), and Price To Book Value (X3) simultaneously have a significant effect on stock prices (Y), as indicated by the calculated F-value (981.393) which is greater than the F-table value (4.757), and a significant value of 0.001 < 0.05. Furthermore, the result of the coefficient of determination test shows that the Adjusted R Square (R2) value is 0.997. This indicates that the independent variables are able to explain 99.7% of the variation in the dependent variable, while the remaining 0.3 % is explained by other variables outside the scope of this study.]]>
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