PENGARUH PROFITABILITAS, LIKUIDITAS, DAN SOLVABILITAS TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of profitability on stock price, liquidity on stock price, and solvability on stock price. The profitability was referred to as return on asset (ROA), liquidity was referred to as current ratio (CR), and solvability was referred to as debt to equity ratio (DER). The research was quantitative. The population was property and real estate companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022 there were 32 companies. Moreover, the data were secondary in the form of companies’ financial statements. The data collection technique used purposive sampling, in which the sample was based on the criteria given. In line with that, there were 10 companies as the sample. Furthermore, the data were taken for 5 years (2018-2022). Therefore, there were 50 data samples. Additionally, the data analysis technique used multiple linear regression with SPSS 26. The result showed that profitability had a significant effect on stock price, However, both liquidity had insignificant effect on stock price and solvability had insignificant effect on stock price property and real estate companies listed on the Indonesia Stock Exchange (IDX) during 2018-2022.