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Feb 3, 2025
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Dec 26, 2024
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Abstract

This study aims to test and analyze the effect of Return On Equity (ROE), Earning Per Share (EPS), and Price to Book Value (PBV) on Stock Prices. The object of research in this study is the Mining Sector Companies listed on the Indonesia Stock Exchange (IDX) in 2019-2023. This study was conducted using secondary data in the form of financial reports published on the Indonesia Stock Exchange (IDX). The sample used in this study is a Mining company that is registered and active in the capital market and shares the required data consecutively during the 2019-2023 period.
The total population is 11 Mining companies and after the sample selection process using the purposive sampling method, 8 Mining companies were obtained. The data analysis method used is quantitative analysis including classical assumption tests, multiple linear regression, hypothesis testing (t-test), F-test, and coefficient of determination (R2).
The results of the study with the t-test showed that the Return On Equity (ROE) variable partially did not have a significant effect on the Stock Price. While the Earning Per Share (EPS) and Price to Book Value (PBV) variables partially had an effect on the stock price. The results of the F-test showed that the Return On Equity (ROE), Earning Per Share (EPS) and Price to Book Value (PBV) variables simultaneously had a significant effect on the Stock Price.

Keywords

Return On Equity Earning Per Share Price to Book Value Stock Price

Article Details

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This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite
Rachmawati, W., & Ismoyo, F. T. (2024). The The influence of Return on Equity (ROE), Earnings Per Share (EPS), and Price to Book Value (PBV) on stock prices of mining companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2023 . Fin Sinergy: Jurnal Manajemen Keuangan, 2(2), 168-174. https://doi.org/10.56457/fin.v2i2.710

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