PENGARUH RETURN ON INVESTMENT, DEBT TO EQUITY RATIO DAN PRICE TO BOOK VALUE TERHADAP HARGA SAHAM PADA PERUSAHAAN OTOMOTIF DAN KOMPONEN YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine the effect of return on investment (ROI), debt to equity ratio (DER) and price
to book value (PBV) on the stock price at automotive and component company listed on Indonesia Stock Exchange
(IDX) in 2016-2020 period. This research was quantitative. There were 13 automotive and component companies
listed on indonesia stock exchange (IDX). The research sample collection technique used a saturated sampling
technique or census namely a sample determination technique with all populations based on the character and
quality. Moreover, the research data analysis used multiple linear regression analysis with the SPSS application
25 version. The research result showed that return on investment (ROI) had a significantly positive effect on the
stock price, furthermore, the debt to equity ratio (DER) had a significantly positive effect on the stock price, and
price to book value (PBV) had a significantly negative effect on the stock price at automotive and component
companies listed on indonesia stock exchange (IDX) in 2016-2020 period.