PENGARUH PROFITABILITAS, NILAI PASAR, UKURAN PERUSAHAAN, DAN LEVERAGE TERHADAP HARGA SAHAM PADA PERUSAHAAN PROPERTY AND REAL ESTATE YANG TERDAFTAR DI BEI PERIODE

Abstract

This study aims to find out and to analyze the impact of profitability, the market value, the firm size, and the leverage toward the share price of the Property and Real Estate companies which are registered in Indonesia’s Stock Exchange. The independendt variable of study is the profitability which is measured by the Return On Equity (ROE), the market value is measured by the Price Earning Ratio (PER), the firm size is measured by the natural logarithm from the total assets, the Leverage is measured by the Debt to Equity Ratio (DER), and the dependent variable is the share price which applies the end of year Clossing Price. The type of this research is a quantitative. 47 samples are collected by applying the purposive sampling, they are the Property and Real Estate companies which are registered in Indonesia’s Stock Exchange, and there are 13 qualified companies. The analysis of this research applies the multiple linier regression, the classic assumption test, the model feasibiltiy, and the hypothesis test with SPSS version 25. The result shows that the profitability, the firm size, and the leverage give significant impact to the share price, but the market value does not impact the share price.
Keywords: profitability, market value, firm size, leverage, share price.