Analyze Factors that Impact Stock Price in Indonesia Stock Exchange

Abstract

This study is aimed to analyse the signification impact of Earnings Per Share, Dividend Per Share, Book Value Per Share, and Return On Assets toward Stock Price of Publicily Listed Firms in Jakarta Islamic Index (JII) Period 2009-2013 not only simultaneously but also partially. This study uses secondary data from Indonesia Stock Exchange (IDX) of the firms, Annual Report of the firms, and financial report of the firms from 2020 to 2022. Population in this study is firms which publicily listed firms in Indonesia Stock Exchange (IDX)  in the period 2020-2022. Sample in this study is ten firms which are taken based on purposive sampling method. Data analysis model which is used in this study is Multiple Linear Regression with Panel Data. Hypothesis test which is used in this study are F Test, R² Test, and t Test. The result of hypothesis test shows that Earnings Per Share, Dividend Per Share, Return On Equity, and Return On Assets simultaneously have positive significant impact toward Stock Price. The value of R² is 94,09 % so 94,09 % of variable Stock Price can be teached by variable Earnings Per Share, Dividend Per Share, Return On Equity, and Return On Assets, while the residue 5,9046 % is teached by the other variables in the outside of this study. Earnings Per Share partially has positive significant impact toward Stock Price. Dividend Per Share partially doesn’t have positive significant impact toward Stock Price. Return On Equity partially doesn’t have positive significant impact toward Stock Price. Return On Assets partially doesn’t have positive not significant impact toward Stock Price.