Mutiara : Jurnal Ilmiah Multidisiplin Indonesia
Vol. 4 No. 4 (2026): JIMI - OKTOBER

Analisis Fundamental Saham PT Bank Central Asia Tbk (BBCA) sebagai Dasar Pengambilan Keputusan Investasi Periode 2020-2023

Arlinda Syakila Ananda (Universitas Indonesia Membangun)
Nadya Syahla (Universitas Indonesia Membangun)
Thia Nurafifah Ramadani (Universitas Indonesia Membangun)
Yoyo Sudaryo (Universitas Indonesia Membangun)
Eko Djoko Prabowo (Universitas Indonesia Membangun)



Article Info

Publish Date
15 Oct 2026

Abstract

Changes in economic and market conditions during 2020–2023 increased investors’ need for fundamental information to assess stock performance and prospects. PT Bank Central Asia Tbk (BBCA) experienced changes in profit, assets, equity, stock price, and financial ratios from the pandemic period through economic recovery. This study aims to analyze BBCA’s fundamentals based on ROA, ROE, EPS, PER, and DER as information supporting investment decisions. The study employed a descriptive quantitative approach using secondary data consisting of financial statements and stock prices for 2020–2023. The results show that ROA increased from 2.52% to 3.45%, ROE from 13.82% to 17.30%, and EPS from IDR 1,100 to IDR 1,971. The stock price increased from IDR 33,425 to IDR 42,250, while PER decreased from 30.38 times to 21.44 times and DER from 4.48 times to 4.01 times after increasing in 2021. These findings indicate strengthened profitability and earnings per share, along with changes in the relationship between market price and fundamental performance. The novelty of this study lies in the integrated mapping of five fundamental indicators during the transition from the pandemic to economic recovery.

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Journal Info

Abbrev

jimi

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Languange, Linguistic, Communication & Media Social Sciences Other

Description

Mutiara : Jurnal Ilmiah Multidisiplin Indonesia merupakan media ilmiah sebagai wadah publikasi hasil penelitian, kajian pustaka, dan / atau gagasan dari berbagai disiplin ilmu. Mutiara: Jurnal Ilmiah Multidisiplin Indonesia sebagai sebuah jurnal ilmiah diharapkan dapat menunjukkan kepada masyarakat ...