Stock Price (Case Study: Banking Companies Listed on The Indonesia Stock Exchange for the 2018–2022 Period)

Listya Febriani Eka Putri1*, & Budiman2
1,2Department of Management, Gunadarma University, Indonesia
DOI – http://doi.org/10.37502/IJSMR.2023.6906

Abstract

This study aims to determine the effect of return on assets, return on equity, debt-to-equity ratio, and earnings per share on stock prices. Data collection uses secondary data, namely the financial reports of banking companies listed on the IDX for the 2018-2022 period of 37 companies. The research method used is structural equation modeling least squares (SEM-PLS). The results of this study indicate that the debt-to-equity ratio has a negative but insignificant effect on stock prices. Meanwhile, return on assets, return on equity, and earnings per share have a positive but not significant impact on stock prices.

Keywords: ROA, ROE, DER, EPS, and Stock Prices

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