PENGARUH MARKET VALUE TERHADAP HARGA SAHAM PADA PERUSAHAAN OTOMOTIF DI BEI

Abstract

This research is meant to find out the influence of earning per share, price earnings ratio, and price to book value to the stock price of automotive companies which are listed in Indonesia Stock Exchange. The sample collection has been done by using purposive sampling, and 10 automotive companies with the observation periods is during 2010 until 2014 have been obtained as samples, so that 50 observation data have been obtained. The secondary data sources of this research has been obtained from the Indonesia Stock Exchange and the official website of Indonesia Stock Exchange. The data analysis technique has been done by using multiple linear regressions. Based on the result of the analysis and the hypothesis test, it has obtained: (1) Earning per share has significant influence to the stock price in automotive companies which are listed in Indonesia Stock Exchange; (2) Price earnings ratio does not have any influence to the stock price in automotive companies which are listed in Indonesia Stock Exchange; (3) Price to book value has significant influence to the stock price in automotive companies which are listed in Indonesia Stock Exchange; (4) Earning per share has dominant influence to the stock price because its partial coefficient determination of 87.61% is the highest.
Keywords: EPS, PER, PBV, stock price.