PENGARUH PER, DPS, NPM TERHADAP RSS PADA PERUSAHAAN YANG TERDAFTAR DI BEI

Abstract

This research aimed to determine the effect of the Price Earning Ratio, Dividend Per Share, and Net Profit Margin on the Sharia Stock Return listed on the Jakarta Islamic Index 70. The independent variables were Price Earning Ratio (PER), Dividend per Share (DPS), and Net Profit Margin (NPM). Moreover, the dependent variable was Sharia Stock Return (RSS). The research was quantitative. The population was 70 companies listed on the Jakarta Islamic Index. The data collection technique used purposive sampling. In line with that, there were 20 samples. The data analysis technique used multiple linear regression, classical assumption test, hypothesis test, and proper model test with the SPSS 29 version. Furthermore, the result of the F test showed that the Price Earning Ratio (PER), Dividend Per Share (DPS), and Net Profit Margin (NPM) had a significant effect on Sharia Stock Return (RSS). Additionally, the t-test indicated that the price earning ratio (PER) had a positive but insignificant on Sharia Stock Return. However, both Dividend Per Share (DPS) and Net Profit Margin (NPM) had a positive and significant effect on Sharia Stock Return (RSS).