PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM

Abstract

This research aimed to find out the effect of financial ratios on the stock price at an automotive company listed on IDX
(Indonesia Stock Exchange) in the 2015-2020 period. Furthermore, this research used independent variables i.e., Current
Ratio, Debt to Equity Ratio, Return on Equity, Earning Per Share, Price Earning Ratio. Meanwhile, the dependent variable
used stock price. This research was quantitative. The research sample collection technique used a purposive sampling method.
Based on the purposive sampling method, obtained 13 samples from 5 automotive companies listed on the Indonesia Stock
Exchange (IDX) during the 2015-2020 period. Moreover, the research data analysis used multiple linear regression analysis.
The research result concluded that the current ratio had a negative and insignificant effect on the stock price, Debt to Equity
Ratio had a negative and insignificant effect on the stock price, meanwhile, Return on Equity had a positive and insignificant
effect on the stock price, Earning Per Share had a positive and significant effect on the stock price and the Price Earning Ratio
had positive and insignificant effect on the stock price.