Pengaruh ROA, NPM, EPS dan DER terhadap Harga Saham Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia

Abstract

An investor must examine the companies they are investing in in order to ensure that profits are achieved as expected. There are various approaches that can be taken, and one of them is to analyze financial development through the identification of key financial ratios. The purpose of this study was to examine the effect of Return On Assets, Net Profit Margin, Earning per Share, and Debt to Equity Ratio on Stock Price. Data analysis using multiple linear regression analysis was carried out using the help of SPSS version 26 software. This research was conducted on companies included in the banking sub-sector and listed on the Indonesia Stock Exchange during the 2019 to 2022 timeframe. The number of samples is 116 data that meet the research criteria (purposive sampling). The results of the analysis show that partial, only Earning per Share (EPS) has a significant effect on stock prices. However, overall the independent variables show a simultaneous significant effect on stock prices.