ANALISIS PENGARUH ROE, DAR, DAN CR TERHADAP HARGA SAHAM FARMASI DI BEI

Abstract

This research aimed to examine and analyze the effect of Return On Equity, Debt to Asset Ratio, and Current ratio on the stock price at pharmaceutical companies listed on the Indonesia Stock Exchange.The research population used pharmaceutical companies listed on the Indonesia Stock Exchange from 2015 to 2019. The research sample used the purposive sampling method, obtained 6 from 10 of pharmaceutical companies listed on the Indonesia Stock Exchange from 2015 to 2019. Moreover, this research used multiple linier regressions analysis method classic assumption test, determination coefficient test (R2), F test, and t-test managed by SPSS application 26 version.Based on the examination F test, the research model state feasible. The test result showed that Return On equity had a positive and significant effect on the stock price, while Debt to Asset Ratio had a positive and significant affected on the stock price, and Current Ratio had a negative and insignificant affected on the stock price.
Keywords :return on equity, debt to asset ratio, current ratio, stock price