PENGARUH RETURN ON EQUITY (ROE) DAN EARNING PER SHARE (EPS) TERHADAP HARGA SAHAM PADA PT MAYORA INDAH Tbk PERIODE TAHUN 2013-2022
Abstract
This research aims to determine the effect of Return On Equity (ROE) and Earning Per Share (EPS) on share prices at PT Mayora Indah Tbk. either partially or simultaneously, the independent variables tested are: Return On Equity (ROE) and Earning Per Share (EPS), while the dependent variable used is Share Price. The sample in this research is PT Mayora Indah Tbk which is listed on the Indonesia Stock Exchange (BEI). The type of research used in this research is causal associative research using quantitative methods. The data used is secondary data in the form of the financial reports of the company PT Mayora Indah Tbk from 2013 to 2022. Data management is processed using the Statistical Product And Service Solution (SPSS) software program version 22.0. The data analysis used is the classical assumption test, multiple linear regression analysis, correlation coefficient analysis, coefficient of determination analysis and hypothesis testing (t test and f test). Based on the data obtained, the results of testing the classical assumption show that the data is normally distributed, there are no problems with multicollinearity, heteroscedasticity and is free from autocorrelation. Partially, Return On Equity (ROE) has an influence on share prices. This is proven by the t count value -2.615 > t table 2.364 and Earning Per Share (EPS) has a significant effect on share prices, this is proven by the t count value 12.506 > t table 2,364. Simultaneously, the Return On Equity (ROE) and Earning Per Share (EPS) variables have a significant effect on share prices. This is indicated by the f count value of 82.885 > f table of 4.74. The test value for the coefficient of determination or R2 was 95.9%, while the remaining 4.1% was influenced by other factors not explained in this study.
References
Cendy Andrie Pratama, Devi Farah Azizah, dan Ferina Nurlaily. (2019). Pengaruh Return On Equity (ROE), Earning Per Share (EPS), Current Rasio (CR) dan Debt To Equity Rasio (DER) Terhadap Harga Saham (Studi Pada Perusahaan Jakarta Islamic Indeks Yang Terdaftar Di Bursa Efek Indonesia Tahun 2014 -2017. Universitas Brawijaya.
Ahmad Ulil Albab Al Umar dan Anava Salsa Nur Savitri. (2020). Analisis Pengaruh Return On Assets (ROA), Return On Equity (ROE), dan Earning Per Share (EPS)Terhadap Harga Saham. IAIN Salatiga.
Hilmi Abdullah Soedjatmiko dan Antung Hartanti. (2016). Pengaruh Earning Per Share (EPS), Debt To Equity Rasio (DER), Price Earning Rasio (PER), Return On Assets (ROA) dan Return On Equity (ROE) terhadap Harga Saham Pada perusahaan tambang yang terdaftar di BEI untuk Periode 2011-2013. STIE Nasional Banjarmasin.
Tamara Oca Viandita, Suhadak, Achmad Husnaini. (2013). Pengaruh Debt To Equity Rasio (DER), Price Earning Rasio (PER), dan Earning Per Share (EPS)terhadap Harga Saham (studi Pada Perusahaan Industri Yang Terdaftar di BEI). Universitas Brawijaya.
Sari Ariyanti, Topowijono, dan Sri Sulasmiyati. (2016). Pengaruh profitabilitas (ROE, EPS) dan Laverage (DR, DER) terhadap Harga saham (studi kasus pada perusahaan kontruksi dan bangunan yang terdaftar di BEI) tahun 2011-2014. Universitas Brawijaya.
Mira Munira, Endang Etty Merawati, dan Shinta Budi Astuti. (2018). Pengaruh Return On Equity (ROE) dan Debt To Equity Rasio (DER) terhadap Harga Saham Perusahaan Kertas di BEI. Universitas Pancasila.
Rizky Agustine Putri Perdana, Darminto, Nengah Sudjana. (2013). Pengaruh Return On Equity (ROE), Earning Per Share (EPS) dan Debt To Equity Rasio (DER) terhadap Harga Saham (Studi pada Perusahaan makanan dan minuman yang Go Public Di BEI Periode 2008-2011. Universitas Brawijaya.
Rita Satria. (2020). Pengaruh Return On Equity (ROE) dan Earning Per Share (EPS) Terhadap harga saham pada PT Bank Negara Indonesia (Persero) Tbk periode 2009-2017. Universitas Pamulang.
Anisah Dwi Nobiyanti, N Rusnaeni. (2021). Vol 9 No. 1. Pengaruh Return On Equity dan Net Profit Margin terhadap Harga Saham pada PT Ace Hardware Indonesia Tbk periode tahun 2009-2018. Universitas Pamulang.
