Skripsi
Pengaruh earning per share (EPS), price earning ratio (PER), return on equity (ROE), dan tingkat likuiditas terhadap harga saham perusahaan manufaktur yang listing di BEI periode 2007-2009 / Yusniar Marhaeni
Abstrak
Keywords earnings per share price earning ratio return on equity liquidity rate stock price Investor who will invest has to consider how the condition of company for real in this circumstance it is reflected in its financial ratios. If the financial ratios of the company have a good prospect in the future the ratios can influence the demand rate of the stock price so that the information of company through the financial ratios is a factor which can influence decision in investment. The aims of this research is to test the influence of earnings per share price earning ratio return on equity liquidity rate to stock price. The information of financial ratios can be considered influences if the ratios can change the investor s decision of doing transaction in capital market. This research uses the populations of manufatured companies start from period 2007 until 2009 as samples. The samples is taken using purposive sampling and gained 145 companies as samples. The kind of data is quantitative data. The measure of variables used for earnings per share price earning ratio return on equity liquidity rate and stock price are means value of each independent variable and closing price of stock price for three years to know the influence of each independent variable to dependent variable. Model analysis used in the hypothesis test of this research is double regression analysis. The result of this research proves that (1) EPS and PER partially influence positively significant to stock price proved by each tstatistic s value 21 761 and 6 110 with significancy 0 05 (2) ROE and liquidity rate partially do not influence to stock price based on tstatistic s value 0 420 and 1 033 with significancy 0 05 and (3) EPS PER ROE and liquidity rate simultaneously influence positively significant to stock price based on F value 150 408 with significancy 0 000. These results prove that the information of financial ratios in this research influences the investor s decision of doing transaction in capital market. Based on this research it is suggested for the next similar research to use more and various samples also add the window period take variables which is considered able to influence stock price.