Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis
Vol. 6 No. 2 (2026): Juli : Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis

Analisis Pengaruh Likuiditas dan Profitabilitas terhadap Nilai Saham pada Perusahaan Pangan di Bursa Efek Indonesia Periode 2024

Oggie Recksadithia (Sekolah Tinggi Ilmu Ekonomi Ekadharma Indonesia)
Ririn Uke Saraswati (Sekolah Tinggi Ilmu Ekonomi Ekadharma Indonesia)
Marcela Saputri (Sekolah Tinggi Ilmu Ekonomi Ekadharma Indonesia)
Muzaqi Aulia Gharban (Sekolah Tinggi Ilmu Ekonomi Ekadharma Indonesia)



Article Info

Publish Date
04 Jul 2026

Abstract

Stock value reflects investors' perceptions of a company's performance, stock price, and growth potential. CR assesses a company's capacity to meet its short-term obligations using current assets, while ROA indicates how efficiently a company generates profits from its total assets and reflects management's ability to manage assets to generate profits. This study applies descriptive and associative methods with a quantitative approach and uses purposive sampling techniques, namely selecting companies that have published financial reports up to the third quarter of 2024. The study shows that CR (X1) has no positive or significant effect on stock value (Y), with a t-value of 0.486 < t-table 1.979 and significance of 0.628 > 0.05. On the other hand, ROA (X2) shows a negative and significant impact on stock value, with a t-value of -7.306 and a significance of 0.000 < 0.05. However, simultaneously CR and ROA have a positive and significant effect on stock value (F calculated 27.560 > F table 3.07, significance 0.000). These two variables explain 29.8% of the variation in stock value, while the remaining 70.2% is influenced by other variables. The results of this study conclude that a company's financial performance, especially as assessed based on liquidity and profitability ratios, plays a significant role in determining stock value, so that it can be used as consideration for investors in making investment decisions.

Copyrights © 2026






Journal Info

Abbrev

jaem

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Akuntansi, Ekonomi dan Manajemen Bisnis E-ISSN:2809-6487 (Online) / P-ISSN:2809-655X (print) diterbitkan oleh Pusat Riset dan Inovasi Nasional. Penerbitan jurnal ini bertujuan untuk meningkatkan kualitas ilmu pengetahuan, serta menyalurkan minat berbagi dan menyebarluaskan ilmu pengetahuan ...