PENGARUH VARIABEL FUNDAMENTAL KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN FOOD AND BEVERAGES

Abstract

During 2014-2017, the average of shares price of Food and Beverages companies which were listed on Indonesia Stock Exchange had decreased. Therefore, this research aimed to find out the effect of Earning Per Share, Price Earnings Ratio, Price Book Value, Debt to Equity Ratio, and Net Profit Margin on the share price. The population was Food and Beverages companies which were listed on Indonesia Stock Exchange (IDX) 2014-2017. While, the data collection technique used purposive sampling. In line with, there were 11 Food and Beverages companies. Moreover, the data anlysis technique used multiple linear regression. The research result concluded Earning Per Share and Price Earnings Ratio had positive and significant effect on the share prices. Furthermore, Price Book Value, Debt to Equity Ratio, and Net Profit Margin did not affect the shares price. As the conclusion, the fluctuation of the share price of Food and Beverages companies could be affected by Earning Per Share and Price Earning Ratio. In adddition, Food and Beverages companies needed to maintain and consider the Earning Per Share and Price Earning Ratio. Besides, the companies were expected to consider Price Book Value, Debt to Equity Ratio, and Net Profit Margin, in order to have its performance run well.
Keywords: financial fundamental variable, shares price.