PENGARUH ROA DAN ROE TERHADAP HARGA SAHAM PADA PERUSAHAAN PERBANKAN DI BEI

Abstract

This research aimed to find out the effect of Return on Asset (ROA) and Return on Equity (ROE) on the stock price at banking companies listed on the Indonesia Stock Exchange (IDX). Moreover, the population was 46 banking companies listed on the Indonesia Stock Exchange. Furthermore, the data collection technique used purposive sampling, in which the sample was based on the criteria given. Based on the determined criteria, there were 7 banking companies as a research sample. The data analysis technique used multiple linear regressian. It was used to observe the effect between the independent variables, namely Return on Asset (ROA) and Return on Equity (ROA) on the dependent variable, namely stock price. Additionally, the data processing instrument was SPSS (Statistical Product and Service Solution) porgram. The research result showd that Return on Asset had an insignificant effect on the stock price of banking companies. Likewise, Return on Equity had and insignificant effect on the stock price of banking companies.