“…According to research conducted by According to research conducted by Putu Sari Indiyani, Ni Made Sunrsih, and Ida Ayu Nyoman Yuliastuti (2020) shows the Current Ratio (CR) has a positive and significant effect on stock returns, this research is supported by research conducted by Saraswati et al al. (2020), (Indriawati, 2020), (Sari, Hermuningsih, & Cahya, 2021), (Wahyuni, Susanto, & Asakdiyah, 2020), (Zayyinah & Firmansyah, 2021). The results of this study indicate that if the stock price is higher, the difference between the current period's stock price and the previous period will be bigger, so that capital gains will also increase, then a high PER will result in an increase in stock returns.…”