PENGARUH EPS, DER, PBV DAN NPM TERHADAP HARGA SAHAM PERUSAHAAN PROPERTI

Abstract

The purpose of this research is to find out the influence of earnings per share (EPS), debt to equity ratio (DER),
price to book value (PBV) and net profit margin (NPM) to the stock price of property companies. The sample
collection technique has been carried out by using purposive sampling method, The samples are 5 property
companies which are listed in the Indonesian Stock Exchange (IDX) in 2010-2015 periods. This research has
been conducted by using multiple linear regressions and SPSS program 21st version. The result of hypothesis
test shows that simultaneoulsy earnings per share, debt to equity ratio, price to book value and net profit margin
give influence the stock price of property companies which are listed in Indonesia Stock Exchange in 2010-2015
periods. Partially, earnings per share and net profit margin give positive and significant influence whereas debt
to equity ratio and price to book value give significant and negative influence to the stock price of property
companies which are listed in Indonesia Stock Exchange in 2010-2015 periods. Earnings per share is the variable
which gives dominant influence to the stock price of property companies which are listed in Indonesia Stock
Exchange in 2010-2015 periods.

Keywords: earnings per share, debt to equity ratio, price to book value, net profit margin, stock price