EARNING PER SHARE, PRICE EARNING RATIO, PRICE BOOK VALUE, NET PROFIT MARGIN, TOTAL ASSET TURNOVER, DAN HARGA SAHAM
DOI:
https://doi.org/10.29407/jae.v6i2.14069Keywords:
Earning Per Share, Price Earning Ratio, Price Book Value, Net Profit Margin, Total Asset Turnover, Stock PriceAbstract
Abstac
Stock investment is one investment that has attracted the interest of many people. Although there are risks because the stock is very sensitive to changes that can have an impact on stock prices. But stock investments offer high returns and opportunities. The purpose of this study was to determine and analyze the effect of Earning Per Share, Price Earning Ratio, Price Book Value, Net Profit Margin, and Total Asset Turnover on stock prices. The population of this study is the chemical and pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange in 2012-2018. The number of samples of this study were 8 companies, with sampling using a purposive sampling method that is sampling based on certain criteria. The analysis technique uses multiple linear regression with the results showing that Earning Per Share, Price Earning Ratio, Price Book Value, and Net Profit Margin affect the stock price. While Total Asset Turnover has no effect on stock prices.
Keyword : Earning Per Share, Price Earning Ratio, Price Book Value, Net Profit Margin, Total Asset Turnover, Stock Price
References
Ahmadi, A. (2017). The Stock Price Valuation Of Earning Per Share And Price Book Value : Evidence From Tunisia Firms. Journal Of Internet Banking And Commerce , Vol. 22, No. 1.
Beliani, M. M., & Budiantara, M. (2015). Pengaruh Price Earning Ratio Dan Price Book Value Terhadap Harga Saham Perusahaan Asuransi Yang Terdaftar Di Bursa Efek Indonesia Tahun 2009-2012. Jurnal Riset Akuntansi Mercu Buana , Volume 1 No.1.
Brigham, & Houston. (2010). Dasar-dasar Manajemen Keuangan Buku 1 (Edisi 11). Jakarta : Salemba Empat.
Brilliand, D. H., & Darmawan, A. (2016). Analisis Fundamental Dalam Penilaian Harga Saham Dengan Menggunakan Metode Dividen Discounted Model Dan Price Earning Ratio . Jurnal Administrasi Bisnis , 37(2).
Budiyono, R. (2018). An Analysis Of Financial Ratio Effect On Stock Prices On Manufacturing Companies In Indonesia Stock Exchange (IDX) 2014-2016 Period .
Efendi, F. M., & Ngatno. (2018). Pengaruh Return On Asset (ROA) Terhadap Harga Saham Dengan Earning Per Share (EPS) Sebagai Intervening (Studi Kasus Pada Perusahaan Sub Sektor Tekstil dan Garmen Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2016). Jurnal Administrasi Bisnis , Volume 7, Nomor 1, pp. 1-9.
Fahmi, I. (2012). Pengantar Pasar Modal. Bandung : Alfabeta .
Geetha, E., & Swaaminathan, M. (2015). A Study On The Factors Influencing Stock Price A Comparative Study Of Automobile And Information Technology Industries Stock In India. International Journal Of Current Research And Academic Review , pp. 97-109.
Gerald, V. S. (2017). Pengaruh Return On Asset (ROA), Return On Equity (ROE), Net Profit Margin (NPM), Dan Earning Per Share (EPS) Terhadap Harga Saham Perusahaan Yang Tergabung Indeks Dalam LQ45 Di Bursa Efek Indonesia Periode Tahun 2013-2015 , Vol.5 No.1 Hal 105-114.
Ghozali, I. (2016). Aplikasi Analisis Multivariete Dengan Program IBM SPSS. Edisi 8 , Semarang: Badan Penerbit Universitas Diponegoro.
Hutapea, A. W., Saerang, I. S., & Tulung, J. E. (2017). Pengaruh Return On Asset, Net Profit Margin,Debt to Equity Ratio, Dan Total Asset Turnover Terhadap Harga Saham Indistri Otomotif Dan Komponen Yang Terdaftar Di Bursa Efek Indonesia. Jurnal EMBA , Vol.5, No.2.
Ivan. (2018). Analisis Pengaruh Faktor-Faktor Fundamental Terhadap Harga Saham (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2012-2015). Jurnal Muara Ilmu Ekonomi dan Bisnis , Vol.2, No.1, April 2018 : hml 254-262.
Jogiyanto. (2008). Teori Portofolio dan Analisis Investasi . Edisi Kelima , BPFE. Yogyakarta.
Kumar, P. (2017). Impact Of Earning Per Share And Price Earning Ratio On Market Price Of Share: A Study On Auto Sector In India. International Journal Of Research Granthaalayah , Vol. 5 (Iss.2).
Kusumadewi, R. N. (2018). Pengaruh Return On Asset (ROA), Return On Equity (ROE), Dan Net Profit Margin (NPM) Terhadap Harga Saham (Studi Kasus Pada Perusahaan Manufaktur Sektor Food And Beverage Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2017). Jurnal Ilmiah Manajemen & Akuntansi , Vol. 5 Nomor 2.
Pradhan, R. S., & Paudel, L. (2017). Impact Of Fundamental Factors On Stock Price: A Case Of Nepalese Commercial Bank. pp. 1-14.
Purnamawati, Y., Panjaitan, F., & Marheni. (2017). Analisis Pengaruh Return On Asset (ROA), Earning Per Share (EPS), Price Earning Ratio (PER), Dan Net Profit Margin (NPM) Terhadap Harga Saham (Studi Pada Perusahaan Telekomunikasi Yang Terdaftar Di Bursa Efek Indonesia Periode Tahun 2012-2016). Jurnal Ilmiah Akuntansi Dan Keuangan , Vol.13, Nomor 2.
Rahmadewi, P. W., & Abundanti, N. (2018). Pengaruh EPS, PER, CR, Dan ROE Terhadap Harga Saham Di Bursa Efek Indonesia . E-Jurnal Manajemen Unud , Vol.7, No.4.
Rahmani, H. F. (2019). Pengaruh Return On Asset (ROA), Price Earning Ratio (PER), Earning Per Share (EPS), Debt to Equity Ratio (DER), Dan Price Book Value (PBV) Terhadap Harga Saham Pada PT. Bank Negara Indonesia (PERSERO) TBK, Periode 2005-2016. Jurnal Penelitian Ekonomi dan Akuntansi , Volume IV No. 1.
Rochmat, C. R., Nurlaela, S., & Titisari, K. H. (2018). Pengaruh Rasio Keuangan Terhadap Harga Saham Pada Perusahaan Industri Sektor Barang Konsumsi Dan Aneka Industri Bursa Efek Indonesia Tahun 2013-2017. Seminar Nasional dan Call for Paper : Manajemen, Akuntansi, dan Perbankan .
Sharif, T., Purohit, H., & Pillar, R. (2015). Analysis Of Factors Affecting Share Price: The Case Of Bahrain Stock Exchange. International Journal Of Economics And Finance , Vol.7, No.3.
Sulia. (2017). Analisis Faktor-Faktor Yang Mempengaruhi Harga Saham Pada Perusahaan LQ45 Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Wira Ekonomi Mikroskil , Volume 7, No. 02.
Sutapa, I. N. (2018). Pengaruh Rasio Dan Kinerja Keuangan Terhadap Harga Saham Pada Indeks LQ45 Di Bursa Efek Indonesia (BEI) Periode 2015-2016. Jurnal Kumpulan Riset Akuntansi , Vol 9, No.2.
Sutrisno, E. (2009). Manajemen Sumber Daya Manusia Edisi Pertama. Jakarta : Kencana Prenada Media Group.
Tandon, K., & Malhotra, N. (2013). Determinants of Stock Price : Empirical Evidence from NSE 100 Companies . International Journal of Research in Management & Technology .
Tyas, R. A., & Saputra, R. S. (2016). Analisis Pengaruh Profitabilitas Terhadap Harga Saham (Studi Kasus Perusahaan Telekomunikasi Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2012-2014). Jurnal Online Insan Akuntan , Vol.1, No.1.
Velankar, N. (2017). Impact Of EPS And DPS On Stock Price:A Study Of Selected Public Sector Banks Of India. Prestige International Journal Of Managemen & IT-Sanchayan , Vol.6 (1) pp. 111-121.
Warrad, L., & Omari, R. A. (2015). The Impact of Turnover Ratios of Jordanian Services Sectors Performance. Journal of Modern Accounting and Auditing , Vol. 11 No.2. Page 14-29.
Widoatmodjo, S. (2012). Cara Cepat Memulai Investasi Saham Panduan Bagi Pemula. Jakarta : PT Elex Media Komputindo.
Downloads
Published
How to Cite
Issue
Section
License
Authors who publish with this journal agree to the following terms:
- Copyright on any article is retained by the author(s).
- The author grants the journal, right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work’s authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
- The article and any associated published material is distributed under the Creative Commons Attribution-ShareAlike 4.0 International License