Effect of Financial Performance on Share Price on Listed Companies In Indonesia Stock Exchange

Abstract

This study aimed to determine the effect of market value, profitability,
solvency, activity and liquidity to the stock price on the company's
consumer goods manufacturing industry sectors listed on the Indonesia
Stock Exchange. The independent variable in this study is the Price Earning
Ratio (PER), Return on Equity (ROE), Debt to Equity Ratio (DER), Total
Assets Turnover (TATO), the Current Ratio (CR) and Return on Assets
(ROA). While the dependent variable in this study is the stock price.
Sampling was done by using purposive sampling method. The sample used
in this study is a company manufacturing consumer goods industry sector
listed in Indonesia Stock Exchange in the period 2014-2016, with a total of
23 companies. The results of this study concluded that the variable return on
equity and total asset turnover affect the stock prices of companies
manufacturing consumer goods industry sector, while the variable Price
Earning Ratio, Debt to Equity Ratio, Current Ratio, and return on assets
does not affect the stock prices of companies manufacturing consumer
goods industry sector.
Keywords: Financial Performance, Stock Price