PENGARUH EARNING PER SHARE, RETURN ON EQUITY, DAN DEBT TO EQUITY RATIO TERHADAP HARGA SAHAM PERUSAHAAN FARMASI DI BURSA EFEK INDONESIA

Abstract

This research aimed to examine the effect of Earning Per Share (EPS), Return On Equity (ROE), and Debt to Equity Ratio (DER) on stock price. The population was Pharmaceutical companies sector listed on the Indonesia Stock Exchange (IDX). The research was quantitative. Furthermore, the sampling process in this research used a purposive sampling method, a sample selection with the determined criteria. Based on the purposive sampling, a sample of 7 companies was obtained from a population of 10 pharmaceutical companies listed on the Indonesia Stock Exchange (BEI). Moreover, the data were taken for 5 years (2018-2022). The data analysis technique used multiple linear regressions with SPSS 29 version. The result showed that both Earnings Per Share (EPS) and Return On Equity (ROE) had a significant effect on the stock price of Pharmaceutical companies sector listed on the Indonesia Stock Exchange (IDX). However, Debt to Equity Ratio (DER) had an insignificant effect on the stock price of the Pharmaceutical companies sector listed on the Indonesia Stock Exchange (IDX).