PENGARUH RETURN ON ASSETS, EARNING PER SHARE, DAN PRICE EARNING RATIO TERHADAP RETURN SAHAM Studi Kasus Perusahaan Sektor Industri Makanan dan Minuman Terdaftar di Bursa Efek Indonesia Periode 2013-2018

Chrish Shannan Virginia Tjoe, Iwan Lesmana, Sri Handayani

Abstract


Abstract

The purpose of this study was to determine the effect of Return on Assets (ROA), Earning Per Share (EPS), and Price Earning Ratio (PER) on stock returns in the food and beverage industry sector companies on the IDX for the period of 2013-2018. The purpose of this study is to look at the research ratios used to help investors in making investment decisions. Food and beverage are the basic needs of the society and are among the industries that make a big contribution in Indonesia.

The total population of the food and beverage sector is 18 companies and after conducting the sample selection process with Purposive Sampling method, obtained as many as 11 companies that met the criteria. This study uses secondary data in the form of financial statements that have been published by the Indonesia Stock Exchange (IDX). The method of analysis uses simple linear regression analysis and Spearman correlation test analysis. The results showed that ROA, EPS, and PER (separately) did not significantly influence stock returns due to several factors such as, investors see for the long term, not for the short term and perhaps other factors are more prominent in influencing stock return.


Full Text:

PDF

References


Anisa, N. (2015). Analisis Faktor- faktor yang mempengaruhi Return saham (studi kasus pada perusahaan subsektor Automotif dan Komponen yang Terdaftar di BEI 2010-2014). Perbanas Institut.

Carlo, M.A. (2014). Pengaruh Return on Assets, Dividend Payout Ratio ,dan Price Earning Ratio pada return saham. E-Jumal Akuntansi UNUD.

Crabb, P. (2003). Finance and Investments Using The Wall Street Journal, Mc. Graw-Hill Irwin, New York.

Fahmi, I. (2015). Pengantar Teori Portofolio dan Analisis Investasi. Bandung: Alfabeta.

Fahmi, I. (2016). Teori dan Teknik Pengambilan Keputusan. Jakarta: Raja Grafindo Persada.

Francis, J.C. (1983). Investments: Analysis an Management, McGraw-Hill, Singapore

Puspitaningtyas, Z. (2015). Pengaruh Inflasi, Kurs Rupiah dan Suku Bunga Terhadap Return Saham Perusahaan Manufaktur. Jurnal Keuangan dan Bisnis,Vol. 10 no. 2. Universitas Jember.

Rahmawati, A. (2017). Pengaruh EPS, ROE, dan DER terhadap Return saham pada perusahaan Food and Beverages yang terdaftar di BEi 2011-2015. E Jurnal Universitas Pakuan.

Samalam, F.N.A, Mangantar, M. & Saerang, I. (2018). Pengaruh ROA, ROE dan DER terhadap Return saham perusahaan asuransi di BEi 2012-2016. E- Jurnal.

Spence, M. (1973). Job Market Signaling. The Quarterly Journal of Economics, Vol. 87, No. 3. (Aug., 1973), pp. 355-374.

Sugiyono (2014). Metode penelitian kuantitatif, kualitatif dan kombinasi (mixed methods). Bandung: Alfabeta.

Wulandari, Rr N. A. & Septiani, A. (2017). Pengaruh Ukuran Perusahaan, Profitabilitas dan Leverage Terhadap Sustainability Disclosure. Diponegoro Journal Of Accounting, Vol. 6, No. 4. (2017), pp. 1-8


Refbacks

  • There are currently no refbacks.


Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.