PENGARUH MARKET VALUE TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BEI

Abstract

The purpose of this research is to find out the influence of earnings per share, price earnings ratio, and
dividend payout ratio to the stock price on the banking companies which are listed in IDX in 2009-
2013 periods. The sample collection technique has been done by using purposive sampling method and
10 banking companies with observation periods from 2009 to 2013 have been selected as samples, so 50
observation data have been obtained. The source of secondary data is come from the website of
Indonesia Stock Exchange. The multiple linear regressions analysis is used as the data analysis
technique. Based on the result of analysis and the hypothesis test it shows that : (1) Earnings per share
has significant influence to the stock price on the banking companies in Indonesia Stock Exchange; (2)
Price earnings ratio has significant influence to the stock price on the banking companies in Indonesia
Stock Exchange; (3) Dividend payout ratio has significant influence to the stock price on the banking
companies in Indonesia Stock Exchange; (4) Earnings per share has dominant influence to the stock
price because its coefficient value of partial determination of 40.96% is the highest.
Keywords: EPS, PER, DPR, and Stock Price