Effect of Return on Equity, and Earnings Per Share Against the Debt to Equity Ratio of Stock Price the Listed Agribusiness Company The Indonesian Stock Exchange Year 2011-2016
Abstract
This study aimed to examine the effect of return on equity (ROE), earnings pershare (EPS) and debt to equity ratio (DER) to the stock price on agribusiness
companies listed in Indonesia Stock Exchange. Samples were taken from the
financial statements of listed agribusiness company in the Indonesia Stock
Exchange (BEI) during the period 2011-2016. The sampling method with
purposive sampling method in accordance with the criteria specified. The collected
data were analyzed using data analysis first conducted classical assumption test
before hypothesis test. Testing the hypothesis in this study using multiple
regression analysis with f test, t test and the coefficient of determination. The
results of this study showedthat the coefficient of determination obtained a value of
0.832, which means that 83.2% of the stock price is affected return on equity
(ROE), earnings per share (EPS) debt to equity ratio (DER) of the remaining
16.8% is influenced by other variables outside of this research , Hypothesis test
results that return on equity (ROE) and earnings per share (EPS) significantly
affect the stock price, while debt to equity ratio (DER) did not significantly affect
the stock price,
Keywords : ROE, EPS, DER, and stock prices