ANALISIS PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI TH 2010-2012)

Sri Murwanti(1*), Mulyono Mulyono(2)

(1) Universitas Muhammadiyah Surakarta
(2) 
(*) Corresponding Author

Abstract

This study aims to analyze the influence of : 1 ) Return on Assets ( ROA ) to the stock price on
the banking companies listed on the Stock Exchange th period 2010-2012 ; 2 ) Return On Equity ( ROE
) to the stock price on the banking companies listed on the Stock Exchange th period 2010-2012 ; 3 ) Net
Profit Margin (NPM ) on stock prices in the banking companies listed on the Stock Exchange th period
2010-2012 ; 4 ) Earning per share (EPS ) to the stock price on the banking companies listed on the Stock
Exchange th period 2010-2012 ; 5 ) Price Earning Ratio ( PER ) on stock prices in the banking companies
listed on the Stock Exchange th period 2010-2012 ; and 6 ) ROA , ROE , NPM , EPS , PER simultaneously
on stock prices in the banking companies listed on the Stock Exchange th period 2010-2012 . This research
was conducted using secondary data . The population in this study are listed banking industry in Indonesia
Stock Exchange ( IDX ) of 28 companies , the samples taken were 84 observations by purposive sampling
technique . The method of analysis used by multiple regression analysis with first tested the classical
assumptions include normality test, multicollinearity , heteroscedasticity test , and hypothesis testing used
is a simultaneous significant test ( Test F ) , partial significant test ( the self- t ) . The results of this study
prove that : ROA no significant effect on the stock price on the banking companies listed on the Stock
Exchange th period 2010 - 2012 , ROE no significant effect on the stock price on the banking companies
listed on the Stock Exchange th period 2010 - 2012 , NPM significantly influence stock price on the banking
companies listed on the Stock Exchange th period 2010 - 2012 , EPS significantly influence stock prices in
the banking company listed on the Stock Exchange th period 2010 - 2012 , PER no significant effect on the
stock price on the banking companies listed on the Stock Exchange th period 2010 - 2012 , ROA , ROE ,
NPM , EPS and PER simultaneously significant effect on stock prices in the banking companies listed on
the Stock Exchange th period 2010 - 2012

Keywords

financial ratios , stock price .

Full Text:

PDF

References

Darmadji, Tjiptono dan Fakhrudin Hendy. 2011. Pasar Modal di Indonesia. Edisi Ketiga. Jakarta: Salemba Empat.

Dini, Astri Wulan dan Iin Indarti. 2012. Pengaruh Net Profit Margin (NPM), Return On Asset (ROA), Dan Return On Equity (ROE) Terhadap Harga Saham Yang Terdaftar Dalam Indeks Emiten LQ45 Tahun 2008-2010. Sekolah Tinggi Ilmu Ekonomi Widya Manggala..

Hadianto Bram. (2008). Pengaruh Earning Per Share (EPS) dan Price Earnings Ratio (PER) Terhadap Harga Saham Sektor Perdagangan Besar dan Ritel Pada Periode 2000-2005 di Bursa Efek Indonesia. Universitas Kristen Maranatha Bandung. Jurnal Ilmiah Akuntansi. Vol.7 No.2 162-173, November.

Hanafi, Mamduh dan Halim Abdul. 2005. Analisis Laporan Keuangan. Edisi Kedua. AMP-YKPN.

Magdalena, N. And Milne, M. J. 1996. Some Determinants of Social Responsibility dan Premiumisation Sebagai Strategi Menembus Persaingan Pasar Masa Depan. Kumpulan Makalah National Conference UKWMS.

Manurung dan Rahardhja. 2004. Pengaruh Dana Pihak Ketiga dan Tingkat Suku Bunga Terhadap Kredit Yang Diberikan (Studi Kasus Pada Perusahaan Perbankan Yang Terdaftar Di BEI). Jurnal Ekonomi Akuntansi. Bandung: UKI

Martono dan Harjito Agus. 2008. Manajemen Keuangan. Yogyakarta: Penerbit Ekonisia.

Priantinah, Denies dan Prabandaru. 2012. Pengaruh Return On Investement (ROI), Earning Per Share (EPS), Dan Dividen Per Share (DPS) Terhadap Harga Saham Pertambangan Yang Terdaftar Di Bursa Efek Indonesia (BEI). Jurnal Nominal. Vol 1. No 1. Fakultas Ekonomi Universitas Negri Yogyakarta.

Rusdin. 2008. Pasar Modal. Bandung: Penerbit Alfabeta.

DOI: 10.23917/benefit.v19i2.2311

Article Metrics

Abstract view(s): 1109 time(s)
PDF: 2475 time(s)

Refbacks

  • There are currently no refbacks.