The Multiple Regression Effect of Financial Ratio on the stock prices of State-Owned Enterprises

Sari, Ratna (2021) The Multiple Regression Effect of Financial Ratio on the stock prices of State-Owned Enterprises. Golden Ratio of Finance Management, 1 (1). pp. 25-32. ISSN 2776-6780

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Abstract

This study aims to (1) determine the effect of earnings per share on stock prices, (2) determine the effect of price-earnings ratio on stock prices, (3 determine the effect of price to book value on stock prices, (4) find out whether earnings per share, price earning ratio, and price to book value have a simultaneous effect on stock prices. This study uses secondary data through data sources and the Indonesian stock exchange that have been published by companies, as many as nine companies within five years. This research was conducted within the research period. From August-October 2020. The analysis used is multiple linear regression analysis based on quantitative approach, classical assumption test, partial test, simultaneous test, and coefficient of determination. The results of this study state that (1) Earning Per Share has a positive and significant effect on stock prices, (2) price earning ratio has a positive and significant effect on stock prices, (3) price to book value has a positive and significant effect on stock prices, (4) Earning Per Share, price earning ratio, debt to equity, price to book value simultaneously affects the stock price. Therefore, constru

Item Type:	Article
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HG Finance H Social Sciences > HJ Public Finance
Divisions:	FAKULTAS EKONOMI > AKUNTANSI
Depositing User:	Unnamed user with email admin@umi.ac.id
Date Deposited:	10 Jul 2023 07:59
Last Modified:	10 Jul 2023 07:59
URI:	http://repository.umi.ac.id/id/eprint/3130

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