PENGARUH EPS, PER, INFLASI, DAN KURS TERHADAP RETURN SAHAM SEKTOR PERBANKAN

Abstract

This research aims to analyze the influence of internal factors measured by earning per share and price earning ratio and external influences as measured by inflation and currency exchange Rates on stock returns. This research takes the object of the banking sector companies which is listed in the Indonesia Stock Exchange (IDX) for the 2012-2016 period. The population in this research, as many as 43 banking companies, while the sample obtained by using purposive sampling method based on predetermined criteria, so that obtained a sample of 10 banking companies. Dependent variable in this research is stock return, while the independent variables are earning per share, price earning ratio, inflation, and currency exchange. Methods of data analysis by using multiple linear regression analysis.Based on testing using Model Feasibility Test (F Test) to determine the feasibility of the model used. Result of t test analysis price earning ratio and inflation have significant influence to stock return. The results of earning per share and currency exchange have no significant influence on stock returns in banking sector companies which is listed in the Indonesia Stock Exchange for the 2012 to 2016 period.
Keywords: stock return, earning per share, price earning ratio, inflation and currency exchange