PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN TELEKOMUNIKASI YANG TERDAFTAR DI BEI

Abstract

This research aimed to find out and analyze the influence of financial ratio to the stock price which measured by Current Ratio, Debt to Equity Ratio, Total Asset Ratio, and Earning per Share. This research used Telecommunication Company as object which were liited in Indonesia Stock Exchange (IDX) in 2012-2016 periods. The population of this research were 6 telecommunication companies, meanwhile the sample used purposive sampling method based on the determined criteria. Therefore it involved 10 telecommunication companies. The dependent variable of this research used stock price; while the independent variable used Current Ratio, Debt to Equity Ratio, Total Asset Ratio, and Earning per Share. The data analysis method used multiple linear regressions analysis. Based on the examination, this research showed that the model of feasibility test (F test) intended to find out the feasible model for this research. The analysis result of t test showed that Current Ratio and Total Asset Ratio Turn Over gave significant influence to the stock price, meanwhile Debt to Equity Ratio and Earning per Share did not have any significant influence to the stock price at telecommunication companies which were listed in Indonesia Stock Exchange (IDX) in 2012 until 2016 periods.
Keywords: CR, DER, TATO, EPS, Stock Price.