PENGARUH ROA, ROE, EPS, DAN NPM TERHADAP HARGA SAHAM PERUSAHAAN ASURANSI

Abstract

This research aimed to examine the effect of Return on Assets (ROA), Return on Equity (ROE), Earning Per Share (EPS), and Net Profit Margin (NPM) on the shares price of insurance companies which were listed on Indonesia Stock Exchange. While, the data were secondary which in the form of company’s financial statements 2015-2017. The population was 12 insurance companies which met the criteria. Moreover, the data collection technique used saturated sampling. Furthermore, the data analysis technique used descriptive analysis and for inferential analysis, it used multiple linier regression analysis. The research result from descriptive analysis, concluded Earning Per Share (EPS), Net Profit Margin (NPM), and the shares price of insurance companies were in relatively low position. On the other hand, Return on Assets (ROA) and Return on Equity (ROE) of insurance companies were in relatively high position. Meanwhile, the research result from inferential analysis, concluded Earning Per Share (EPS) and Net Profit Margin (NPM) had significant effect on the shares price. In contrary, Return on Assets (ROA) and Return on Equity (ROE) had insignificant effect on the shares price.

Keywords : ROA,ROE, EPS, NPM, Share