PENGARUH VARIABEL FUNDAMENTAL TERHADAP HARGA SAHAM

Abstract

This research aims to examine the influence of fundamental variables that are projected with company growth ratio, profitability ratio, leverage ratio, liquidity ratio, company efficiency ratio, Price Earning Ratio (PER) and Earnings Per Share (EPS) to stock prices through financial statements that have been prepared by basic and chemical industry companies which is listed in the Indonesia Stock Exchange. The population in this research is obtained by using purposive sampling method on basic industrial and chemical company which is listed in Indonesia Stock Exchange during the 2012-2016 period and based on predetermined criteria, is got sample of 40 basic industrial and chemical company. The analysis method that been used is multiple linear regression analysis with using SPSS application tool. The results of this research indicates that the company's growth ratio, profitability ratio, leverage ratio, liquidity ratio, efficiency ratio, Price Earning Ratio (PER) and Earnings Per Share (EPS) have a significant influence on stock prices. Simultaneously, the fundamental variable (independent variable) has a significant influence on the stock price (dependent variable) with a significance level of 0.000.
Keywords: market ratio, financial ratio, stock prices.