Pengaruh Profitabilitas Terhadap Harga Saham Pada Perusahaan Rokok Yang Terdaftar Di Bursa Efek Indonesia (BEI) Periode 2015-2021

Helena Jayanti; Antonius Philippus Kurniawan; Cicilia Ayu Wulandari Nuwa

doi:10.55606/jempper.v2i3.2124

Helena Jayanti Universitas Nusa Nipa
Antonius Philippus Kurniawan Universitas Nusa Nipa
Cicilia Ayu Wulandari Nuwa Universitas Nusa Nipa

DOI: https://doi.org/10.55606/jempper.v2i3.2124

Keywords: Return On Asset, Earning Per Share (EPS, Stock Prices

Abstract

This research was condycted to (1) determine the description of Return On Asset (ROA), E arning Per Share (EPS), and the stock prices of cigarette companies listed on the Indonesia Stock Exchange, (2) determine the effect of Return On Asset (ROA) and Earning Per Share (EPS) partially on the stock prices of cigarette companies listed on the Indonesia Stock Exchange, (3) ) determine the effect of Return On Asset (ROA) and Earning Per Share (EPS) simultaneously on the stock prices of cigarette companies listed on the Indonesia Stock Exchange. The data used in this research were secondary data. The research population was five cigarette companies listed on the Indonesia Stock Exchange in 2015-2021 with the sampling technique used was purposive sampling. Quantitative research method with associative descriptive approach. Hypothesis testing was done through the t-test and f-test. The data analysis used multiple linear regression.

The results of data analysis showed that partially, the variables Return On Asset (ROA) and Earning Per Share (EPS) had a significant effect on stock prices. While simultaneously, the variables Return On Asset (ROA) and Earning Per Share (EPS) had a significant effect on stock prices. As much as 23,4% of the variance in the stock prices variable was explained by the independent variables, while 76,6% was influenced by other factors excluded from the research variables.

References

Aldini, D. A., & Andarini, S. (2018). Pengaruh profitabilitas terhadap harga saham pada perusahaan makanan dan minuman yang terdaftar di bursa efek Indonesia. Jurnal Bisnis Indonesia. 8(1): 45-56.
Alwi, Iskandar. (2013). Pasar modal teori dan aplikasi. Edisi Pertama. Jakarta: Yayasan Pancur Siwah.
Fahmi. (2012). Analisis laporan keuangan. Bandung: Alfabeta.
Ginsu, F. F., Saerang, I. S., & Roring, F. (2017). Pengaruh Earning Per Share dan Return On Equity terhadap Harga Saham. Jurnal EMBA. 5(2): 1-10.
Hikmah, H. (2018). Pengaruh rasio profitabilitas terhadap harga saham perusahaan sub sektor minyak dan gas bumi yang terdaftar di Bursa Efek Indonesia. Jurnal Of Management & Business. 2(1): 56-72.
Junaedi, A. T. (2017). Analisis pengaruh rasio profitabilitas terhadap harga saham pada perusahaan Industri Barang Konsumsi yang terdaftar di Bursa Efek Indonesia. Jurnal Ilmiah Manajemen. 5(1): 23-37.
Kasmir. (2012). Analisis laporan keuangan. Jakarta: PT. Raja Grafindo Persada.
. (2014). Analisis laporan keuangan. Jakarta: PT. Raja Grafindo Persada.
. (2015). Analisis laporan keuangan. Edisi Satu. Jakarta: PT. Raja Grafindo Persada.
. (2016). Pengantar manajemen keuangan. Jakarta: PT. Raja Grafindo Persada.
Koetin, E.A. (2007). Analisis pasar modal. Jakarta: Pustaka Sinar Harapan.
Murhadi, Werner R. (2013). Analisis laporan keuangan, proyeksi dan valuasi saham. Jakarta: Salemba Empat.
Nurlia. N. (2016). Pengaruh rasio profitabilitas terhadap harga saham pada perusahaan rokok yang terdaftar di bursa efek Indonesia. Jurnal Sains Terapan 2(1): 60-66.
Sutrisno. (2012). Manajemen keuangan teori, konsep dan aplikasi. Yogyakarta: Ekonesia.
Tandenlilin, Eduardus. (2010). Portofolio dan investasi: Teori dan aplikasi. Edisi Pertama. Yogyakarta: Kanisius.
Tyas, R. A., & Saputra, R. S. (2016). Analisis pengaruh profitabilitas terhadap harga saham (studi kasus perusahaan telekomunikasi ynag terdaftar di Bursa Efek Indonesia periode 2012-2014. Jurnal Online Insan Akuntan. 1(1): 77-91.
Wijaya, I. A., & Kuddy, A. L. L. (2022). Pengaruh profitabilitas terhadap harga saham perusahaan kosmetik dan barang keperluan rumah tangga yang terdaftar di Bursa Efek Indonesia. Jurnal Manajemen dan Bisnis. 6(2): 56-73.