PENGARUH PROFITABILITAS, SOLVABILITAS, DAN RASIO PASAR TERHADAP RETURN SAHAM

Abstract

This research is meant to examine the influence of profitability, solvability, and market ratio to
the stock return on the companies which are listed in Indonesia Stock Exchange (IDX). The samples
have been selected by using purposive sampling technique to the 42 property and real estate companies
which have published their financial statement and their stocks are still actively traded in Indonesia
Stock Exchange (IDX) in the 2011-2013 periods, so 126 financial statements which have met the
sample criteria have been obtained. The data analysis has been done by using multiple regressions
analysis with the independent variables i.e.: Return On Asset (ROA), Return On Equity (ROE), Debt
to Equity Ratio (DER), Earning Per Share (EPS), Price Earnings Ratio (PER), and the dependent
variable is Stock Return. The result of this research has found that Return On Equity (ROE) and
Earning Per Share (EPS) variables have significant influence to the company’s stock return,
meanwhile Return On Asset (ROA), Debt to Equity Ratio (DER) and Price Earnings Ratio (PER)
variables do not have any significant influence to the research model.
Keywords: Profitability, Solvability, Market Ratio, Stock Return and Multiple Regressions Analysis.