PENGARUH PROFITABILITAS, SOLVABILITAS DAN PERTUMBUHAN PENJUALAN TERHADAP HARGA SAHAM

Abstract

This research aimed to examine the effect of profitability, solvability, sales growth which were referred to Return On Equity, Debt To Equity Ratio and sales growth on shares price through financial statement of Property and Real Estate companies which were listed on Indonesia Stock Exchange. The Research was causal-comparative. While, the data collection technique used purposive sampling. Moreover, the population was 23 out of 48 Property and Real Estate companies which were listed o Indonesia Stock Exchange. In addition, the data analysis technique used multiple linear regression with SPSS (Statistical Product and Service Solution). The result proper test, which used F-test, showed he multiple linear regression model was property used. While, the hypothesis test with T-test, partially, showed Return On Equity had positive and insignificant affect on shares price. On the other hand, Debt To Equity Ratio had positive and significant effect on shares price. Moreover, the sales growth had negative and insignificant effect on shares price.
Keywords : return on equity, debt to equity ratio, sales growth, shares price