ANALISIS CR, DER, ROI, EPS, DAN PENGARUHNYA TERHADAP HARGA SAHAM

Abstract

This research is aimed to examine the influence of financial ratio which is measured by using current ratio, debt
to equity ratio, return on investment, and earnings per share to the stock price of the financial statement of the
plantation companies which are listed in Indonesia Stock Exchange (IDX) in 2011-2015 periods. The population
of this research has been obtained by using purposive sampling on plantation companies which are listed in
Indonesia Stock Exchange (IDX) in 2011-2015 periods and based on the predetermined criteria, 10 companies
have been selected as samples. The analysis technique has been carried out by using multiple linear regressions
analysis which is meant to predict the magnitude of influence of current ratio, debt to equity ratio, return on
investment, and earning per share to the stock price with the SPSS program (Statistical Product and Service
Solutions). The result of classic assumption test shows that there is no deviation to the classic assumptions
which have been applied. The result of model feasibility test which has been done by using F test and
determination coefficient (R
) shows that the models are feasible to be used for the research. The result of
hypothesis test which has been done by using t test shows that current ratio, return on investment, and earnings
per share give significant influence to the stock price whereas debt to equity ratio does not give any significant
influence to the stock price and the result of determination coefficient (r
2
) shows that return on investment give
dominant influence to the stock price.

Keywords : current ratio, debt to equity ratio, return on investment, earnings per share, stock price