The Effect of EPS, DER, and PBV on Stock Price (case study garment and textile which listed at stock exchange)

Humera Asad Ullah khan, Alvin Arifin, Mahmud Yunus

Abstract


Go Public is a way that can help the company obtain additional capital. But it is not easy to attract investors to be willing to invest in a company. Stock price is often used as a reference in investing. Price of a stock moves up and down to follow the amount of demand or supply on the stock level. Demand is influenced by a variety of information held by the investor.this research purpose to determine the effect of EPS, DER, and PBV to stock price.This research applies certain criteria in determining the sample is often referred to as purposive sampling. This study get 15 corporate issuers engaged in the Garment and Textile registered on the Stock Exchange with the observations in 2015-2018. Linear multiple regression used in this study to answer the research underlying problems.The conclusion of this study is the influence of EPS, DER, PBV simultaneously affect the Stock Price. So the hypothesis is accepted.EPS partially influences the Share Price. So the hypothesis is accepted.DER partially has no effect on stock prices. So the hypothesis is rejected.PBV partially influences the Share Price. So the hypothesis is rejected. in the Garment and Textile companies registered on the Stock Exchange with the observations in 2015-2018. All of independent variables used in this study EPS, DER, and PBV jointly significant for the company's stock price in the field of Garment and Textile is listed on the Stock Exchange with the observation period 2015-2018.

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References


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Ghozali, & Faruq. (2012). Pengaruh Return on Assets (ROA), Earning Per Share (EPS), dan Debt to Equity Ratio (DER) Terhadap Harga Saham (Studi pada Perusahaan Property yang Listing di Bursa Efek Indonesia Tahun 2007-2011). Pendidikan Fakultas Ekonomi Dan Bisnis, Universitas Brawijaya.

Husnan, & Suad. (2001). Dasar-dasar Teori Portofolio dan Analisis Sekuritas (ketiga). Yogyakarta: UPP AMP YKPN.

Husnan, & Suad. (2009). Dasar-Dasar Teori Portofolio dan Analisis Sekuritas (3rd ed.). Yogyakarta: UPP AMP YKPN.

Indalla, Isni, & Kamilah. (2012). Analisis Pengaruh Rasio Profitabilitas Terhadap Harga Saham Pada Perrusahaan Subsektor Semen yang Trdaftar di BEI. Universitas Negeri Surabaya.

Kusumawardani. (2010). “Analisis Pengaruh EPS, PER, ROE, FL, DER, CR, ROA pada Harga Saham dan Dampaknya terhadap Kinerja Perusahaan LQ45 yang Terdaftar di BEI periode 2005-2009. Manajemen Dan Akuntansi, 12, 45–50.

Nurfadillah. (2011). Analisis Pengaruh Earning per Share, Debt to Equity Ratio, dan Return on Equity terhadap Harga Saham PT Unilever Indonesia Tbk. Manajemen Dan Akuntansi,12.

Rahardjo, P. (2012). Panduan Budidaya dan Pengolahan Kopi Arabika dan Robusta. Jakarta: Penebar Swadaya.

Stella. (2009). Pengaruh Price to Earnings Ratio, Debt to Equity Ratio, Return on Asset, dan Price to Book Value terhadap Harga Pasar Saham. Bisnis Dan Akuntansi, 01, 97–106.

Sunariyah. (2006). Pengetahuan Pasar Modal (5th ed.). Yogyakarta: UPP STIM YKPN.

Tandelilin, & Eduardus. (2010). Portofolio dan Investasi Teori dan Aplikasi (1st ed.). Yogyakarta: Kanisius.

Zebua, G. O. (2015). Faktor-faktor fundamental yang mempengaruhi harga saham perusahaan sektor properti yang terdaftar di Bursa Efek Indonesia. Universitas Terbuka Jakarta.


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