Open AccessROA, ROE, and EPS on Stock Prices in The Basic & Chemical Industry Sector Listed on The Jakarta Composite Index
Author(s) -
Sonia Krisdayanti
Publication year - 2021
Publication title -
indonesian financial review
Language(s) - English
Resource type - Journals
ISSN - 2807-3886
DOI - 10.55538/ifr.v1i1.5
Subject(s) - return on assets , return on equity , stock exchange , book value , econometrics , economics , earnings per share , stock (firearms) , capitalization weighted index , mathematics , financial economics , statistics , stock market index , stock market , finance , geography , context (archaeology) , archaeology , earnings
This study aims to examine the effect of Return On Assets (ROA), Return On Equity (ROE) and Earning Per Share (EPS) on Stock Prices in Manufacturing Companies in the Basic & Chemical Industry Sector Listed on the Indonesia Stock Exchange (IDX) for the 2015-2019. The sample selection in this study used purposive sampling method. The method used in this research is panel data regression analysis. The results of the research are: Return on Assets (ROA) has no a significant effect on stock prices. This is indicated by the t-count is greater than the t-table value (1.009 0.05), while the Return On Equity (ROE) has no significant effect on the price share. This is indicated by the t-count is smaller than the t-table value (0.849 0.05), then Earning Per Share (EPS) has a significant effect on stock prices. This is indicated by the t-count is greater than the t-table value (2.16 > 1.98), with a probability value smaller than the significance or (0.0331 2.63), and the probability value is also smaller than the 0.05 significance level (0.0000 < 0.05).