PENGARUH RETURN ON ASSET, RETURN ON EQUITY DAN EARNING PER SHARE TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN DI BURSA EFEK INDONESIA TAHUN 2019 - 2022

Abstract

Penelitian ini bertujuan untuk menganalisis pengaruh Return On Asset, Return On Equity dan Earning Per Share terhadap Harga Saham perusahaan perbankan di Bursa Efek Indonesia tahun 2019 – 2022. Penelitian ini merupakan penelitian kuantitatif yang bersifat asosiatif. Sampel diambil menggunakan teknik purposive sampling. Pada penelitian ini sampel berjumlah 29 perusahaan dari 47 populasi perusahaan perbankan yang terdaftar di Bursa Efek Indonesia tahun 2019 – 2022, sehingga data penelitian yang dianalisis berjumlah 116 observasi. Metode analisis data panel dalam penelitian ini adalah analisis regresi linear berganda menggunakan Eviews 12. Hasil penelitian ini menunjukkan bahwa Return On Asset berpengaruh negatif tapi tidak signifikan terhadap Harga Saham. Return On Equity berpengaruh positif dan signifikan terhadap Harga Saham. Serta, Earning Per Share berpengaruh positif tapi tidak signifikan terhadap Harga Saham. Bagi calon investor, sebaiknya lebih mempertimbangkan faktor Return On Equity dalam menentukan harga saham yang baik, karena memiliki pengaruh signifikan terhadap harga saham. Bagi pihak perusahaan, juga memperhatikan Return On Equity agar harga saham tetap terjaga. The purpose of this study was to examine the effect of Return On Asset, Return On Equity and Earning Per Share on the Stock Price of banking companies on the Indonesia Stock Exchange in 2019 - 2022. This research is aquantitative research that is associative. Samples were taken using purposive sampling technique. In this study, the sample amounted to 29 companies from 47 banking population companies listed on the Indonesia Stock Exchange in 2019 - 2022, so that the research data analyzed amounted to 116 observations. The panel data analysis method in this study is multiple linear regression analysis using Eviews 12. The results of this study show that Return On Asset has a negative, but insignificant effect on Stock Price. Return On Equity has a positive and significant effect on Stock Price. Also, Earning Per Share has a positive, but insignificant effect on Stock Price. For potential investors, it is recommended to consider the Return On Equity factor more in determine a good stock price, because it has a significant impact on the stock price. For the company, also pay more attention to Return On Equity so that the stock price is maintained.