PENGARUH ROI, ROE, TATO DAN PER TERHADAP HARGA SAHAM PADA PERUSAHAAN TELEKOMUNIKASI

Abstract

This research is aimed to find out the influence of financial ratio which consist of return on Investment, return on equity, total asset turnover, and price earnings ratio to the stock price at telecommunication companies which are listed in Indonesia Stock Exchange. The sample collection technique has been conducted by using purposive sampling,and thenumbers of samplesare 5 companies periods 2010-2015. The source of data is the secondary data which has been obtained from the Indonesia Stock Exchange in the form of financial statement of Telecommunication Companies. The data analysis technique has been carried out by using multiple linear regressions analysis.Based on the result of analysis it has been found that Price Earnings Ratio does not give any significant influence to the stock price of the telecommunication companies. Meanwhile, return on investment, return on equity, and total asset turnover give significant influence to the stock price at telecommunication companies. The determination coefficient is 46.4%, it means that stock price can be explained by return on investment, return on equity, total assets turnover, and price earnings ratio meanwhile the remaining 53.6% is influenced by other variableswhich are not includedin the model observation.
Keywords: return on investment, return on equity, total assets turnover, price earnings ratio, and stock price.