PENGARUH ROE, DER, EPS, PER TERHADAP HARGA SAHAM PERUSAHAAN TELEKOMUNIKASI DI BURSA EFEK INDONESIA

Abstract

Each company has to mantain their financial performance in order to have a good impression on investors. Therefore, this research aimed to find out whether Return on Equity, Debt to Equity Ratio, Earning Per Share, Price Earning Ratio affected stock price of Telecommunication companies at Indonesia Stock Exchange (IDX). The research was causal-comparative. Moreover, the data collection technique used purposive sampling. In line with, there were 5 Telecommunication companies which were listed on Indonesia Stock Exchange during 2013-2019. Furthermore, the data analysis technique used multiple linear regression and hypothesis tests. The research result concluded that Return on Equity, Debt to Equity Ratio, Earning Per Share, Price Earning Ratio had a significant effect on Stock Price. Additionally, Return on Equity had a positive and significant effect on Stock Price. Likewise, Debt to Equity Ratio had a positive and significant effect on Stock Price. Similiarly, Earning Per Share had a positive and significant effect on Stock Price. On the other hand, Price Earning Ratio had a negative and insignificant effect on Stock Price.
Keywords: return on equity, debt to equity ratio, earning per share, price earning ratio, stock price