Financial Ratios Effects Toward Stock Prices of Companies Listed on Kompas 100 From 2015 to 2017

  • Yusnita Octafilia Sekolah Tinggi Ilmu Ekonomi Pelita Indonesia, Pekanbaru, Indonesia
  • Teddy Oktavianus Sekolah Tinggi Ilmu Ekonomi Pelita Indonesia, Pekanbaru, Indonesia
Keywords: Current ratio (CR), debt to equity ratio (DER), price earnings ratio (PER), stock price, return on assets (ROA), total assets turnover (TATO)

Abstract

The aim to the study is to find out the effects of the financial ratio on the prices of the stocks of compass index 100 companies listed in Indonesia Stock Exchange in the 2015-2017, the financial ratio under study included: return on assets (ROA), current ratio (CR), debt to equity ratio (DER), total assets turnover (TATO), and price earnings ratio (PER). The research population comprised compass index 100 companies listed in Indonesia Stock Exchange from 2015 to 2017. The sample, consisting of 95 compass index 100 companies, was selected by means of the purposive sampling technique. This study uses multiple linear regression analysis. The results showed that return on assets (ROA), current ratio (CR) & total assets turnover (TATO) had a significant positive effect on stock prices, while the debt to equity ratio (DER) & price earnings ratio (PER) had no effect on stock price.

Published
2019-06-28
How to Cite
Octafilia, Y., & Oktavianus, T. (2019). Financial Ratios Effects Toward Stock Prices of Companies Listed on Kompas 100 From 2015 to 2017. Selangor Business Review, 4(1), 26-45. Retrieved from https://sbr.journals.unisel.edu.my/ojs/index.php/sbr/article/view/62
Issue
SBR June 2019
Section
Articles