JRK Vol. 3 No. 1 PENGARUH CURRENT RATIO, DEBT TO EQUITY RATIO DAN RETURN ON EQUITY TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) TAHUN 2018 - 2022

Abstract

The purpose of this study is to analyze the effect of the Current Ratio (CR), Debt to Equity Ratio (DER), and Return on Equity (ROE) on share prices in banking companies listed on the Indonesia Stock Exchange (BEI) from 2018 to 2022. The data collection method in this research is a survey sample with a research sample of 29 banking companies obtained using a purposive sampling technique. This research is quantitative research with panel data analysis using Eviews version 12 software. The research also uses descriptive statistical analysis, normality test, classical assumption test, hypothesis testing consisting of t-statistical (partial) test, F test, and coefficient of determination test. The research results show that CR has a positive but not significant effect on stock prices. DER has a positive but not significant effect on stock prices. And, ROE has a positive and significant effect on stock prices. For potential investors, it is best to consider the Return On Equity factor more in determining a good share price, because it has a significant influence on share prices. The company also pays attention to Return On Equity so that share prices are maintained.