PENGARUH EARNING PER SHARE, RETURN ON EQUITY, DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of Earning Per Share (EPS), Return On Equity (ROE), and Debt to Equity Ratio (DER) on the shares price of Pharmacy companies which were listed on Indonesia Stock Exchange. While, Independent variables were Debt to Equity Ratio, Return On Equity, and Debt to Equity Ratio. Meanwhile, the dependent variable was shares price. Moreover, the research was quantitative. Furthermore, the data were secondary, in which taken from Indonesia Stock Exchange. For the data collection technique, it used purposive sampling. In line with, there were 7 from 8 pharmacy companies which were listed on Indonesia Stock Exchange 2014 2018 as sample. In addition, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution) 23. Based on the research result, it conclude Earning Per Share (EPS) and Debt to Equity Ratio (DER) partially had significant effect on the shares price. On the other hand, Return On Equity (ROE) had insignificant effect on the shares price.
Keyword: earning per share (EPS), return on equity (ROE), debt to equity ratio (DER), shares price.