THE THE EFFECT OF EARNING PER SHARE, PRICE EARNING RATIO, DEBT TO EQUITY RATIO, AND CURRENT RATIO ON STOCK PRICE OF MINING COMPANY LISTED IN INDONESIA STOCK EXCHANGE (IDX) 2018-2021

  • Mohd. Nawi Purba Universitas Prima Indonesia, Medan
  • Jofana Thalia Universitas Prima Indonesia, Medan
  • Selvica Daniela Universitas Prima Indonesia, Medan
  • Selly Selly Universitas Prima Indonesia, Medan
Keywords: EARNING PER SHARE, PRICE EARNING RATIO, DEBT TO EQUITY RATIO, CURRENT RATIO, STOCK PRICE

Abstract

This study aims to test hypotheses and examine the impact of Price Earning Ratio, Earnings Per Share, Debt to Equity Ratio, and Current Ratio on the stock prices of Mining Companies Listed on the IDX in 2018–2021. This study adopted a quantitative methodology and employed a sample technique that included up to 39 samples from 52 firm populations. The findings showed that the stock prices of mining businesses are significantly and positively impacted by EPS, PER, DER, and CR at the same time. While PER has no effect and no major impact on stock prices, EPS and CR have a partly positive and substantial impact, while DER has a partial negative and large impact on stock prices in mining companies listed on the IDX in 2018-2021.

References

Darmadji, & Fakhrudin. (2012). Pasar Modal di Indonesia. Jakarta: Salemba Empat.
Fahmi, I. (2012). Pengantar Pasar Modal : Panduan Bagi Para Akademisi dan Praktisi Bisnis Dalam Memahami Pasar Modal Indonesia. Bandung: Alfabeta.
Ghozali, I. (2016). Aplikasi Analisis Multivariete Dengan Program IBM SPSS 23 (Edisi 8 ed.). Semarang: Badan Penerbit Universitas Diponegoro.
Hadi, S. (2015). Metodologi Riset. Yogyakarta: Pustaka Belajar.
Kasmir. (2016). Analisis Laporan Keuangan. Jakarta: Rajagrafindo Persada.
Kasmir. (2016). Analisis Laporan Keuangan. Jakarta: Rajagrafindo Persada.
Priyatno, D. (2012). Cara Kilat Belajar Analisis Data dengan SPSS 20. Yogyakarta: Andi Offset.
Santoso, S. (2012). Panduan Lengkap SPSS Versi 20. Jakarta: PT Elex Media Komputindo.
Santoso, S. (2014). Stasistika Ekonomi plus Aplikasi SPSS. Ponorogo: Umpo Press.
Sugiono, A., & Edi Untung. (2016). Analisis Laporan Keuangan. Jakarta: PT Grasindo.
Sugiyono. (2017). Metode Penelitian Kuantitatif, Kualitatif, dan R&D. Bandung: Alfabeta, CV.
Wahyudiono, B. (2014). Mudah Membaca Laporan Keuangan. Jakarta: Raih Asa Sukses (Penebar Swadaya Grup).
Widoatmojo. (2015). Pengetahuan Pasar Modal: Untuk Konteks Indonesia. Jakarta: Gramedia.
Zuliarni, S. (2015). Pengaruh Kinerja Keuangan Terhadap Harga Saham Pada Perusahaan Mining And Mining Service Di Bursa Efek Indonesia (BEI). Jurnal Aplikasi Bisnis, 40-41.
Zulkarnaen, W., Fitriani, I., & Yuningsih, N. (2020). Pengembangan Supply Chain Management Dalam Pengelolaan Distribusi Logistik Pemilu Yang Lebih Tepat Jenis, Tepat Jumlah Dan Tepat Waktu Berbasis Human Resources Competency Development Di KPU Jawa Barat. Jurnal Ilmiah MEA (Manajemen, Ekonomi, & Akuntansi), 4(2), 222-243. https://doi.org/10.31955/mea.vol4.iss2.pp222-243.
Published
2022-10-06
How to Cite
Purba, M. N., Thalia, J., Daniela, S., & Selly, S. (2022). THE THE EFFECT OF EARNING PER SHARE, PRICE EARNING RATIO, DEBT TO EQUITY RATIO, AND CURRENT RATIO ON STOCK PRICE OF MINING COMPANY LISTED IN INDONESIA STOCK EXCHANGE (IDX) 2018-2021. Jurnal Ilmiah Manajemen, Ekonomi, & Akuntansi (MEA), 6(3), 733-745. https://doi.org/10.31955/mea.v6i3.2412