PENGARUH RASIO PROFITABILITAS DAN RASIO HUTANG TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of Profitability Ratio namely Return on Assets (ROA) and Return on Equity (ROE) and to examine Debt Ratio namely Debt to Assets Ratio (DAR) and Debt to Equity Ratio (DER) on the stock price. Moreover, the research object was Property and Real Estate companies which were listed on The Indonesia Stock Exchange (IDX) from 2017-to 2020. The research used quantitative research. Furthermore, the sample collection technique used a purposive sampling method with specific criteria. Additionally, the research population was 62 Property and Real Estate companies with 136 samples of observation data. In addition, the data analysis technique used multiple linear regression analysis with SPSS software (Statistical Product and Sevice Solution) 25 version. The research result indicated that Return On Assets (ROA) did not affect the stock price of Property and Real Estate companies. On the other hand, Return On Equity (ROE) affected the stock price of Property and Real Estate companies. In contrast, Debt to Assets Ratio (DAR) did not affect the stock price of Property and Real Estate companies. Likewise, Debt to Equity Ratio (DER) did not affect the stock price of Property and Real Estate companies.