PENGARUH RASIO PASAR, RASIO PROFITABILITAS DAN LEVERAGE TERHADAP RETURN SAHAM PADA PERUSAHAAN BUILDING CONTRUCTION YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

This research aimed to find out and examine the effect of market, profitability, and leverage on the stock return of Building Construction companies listed on the Indonesia Stock Exchange (IDX). The market was referred to as the Price Earning Ratio (PER), profitability was referred to as Return On Assets (ROA), and leverage was referred to as the Debt to Equity Ratio (DER). The research was quantitative. The population was Building and construction companies listed on IDX. Moreover, the data collection technique used saturated sampling. In line with that, there were 8 companies as the sample. The data were taken for 5 years (2018-2022). Furthermore, the data analysis technique used multiple linear regression with SPSS 29. The result concluded that PER had a positive and significant effect on stock price. Likewise, ROA had a positive and significant effect on stock price. On the other hand, DER had a negative and insignificant effect on stock price.