PENGARUH KINERJA KEUANGAN PADA HARGA SAHAM PERUSAHAAN PROPERTY YANG TERDAFTAR DI BEI

Abstract

The purpose of this research is to find out the influence of financial performance to the Stock Price of Property Companies which are listed in IDX. The financial performances are i.e.: Current Ratio, Return on Asset, Price Earnings Ratio, and Debt to Equity Ratio. The samples are the property companies which are listed in Indonesia Stock Exchange in 2009-2013 periods, and 5 companies have been selected as samples. The research data is processed by using the SPSS 22 software, the Goodness of fit test, the multiple linear regressions, the classic assumption test, and the Hypothesis test. Based on the result of the model feasibility test, the regressions which have been generated are feasible and it can be used for the next analysis. Based on the result of the hypothesis test, it shows that the Current Ratio does not have any influence to the Stock Price of Property Companies whereas Return on Asset, Price Earnings Ratio, and Debt to Equity Ratio have influence to the Stock Price of Property Companies. Based on the result of partial determination coefficient test, the variable which has dominant influence to the Stock Price of Property Companies is the Return on Asset variable.
Keywords: Current Ratio, Return on Asset, Price Earnings Ratio, Debt to Equity Ratio, and Stock Price.