Pengaruh NPM, EPS, DER dan PBV Terhadap Harga Saham pada Perusahaan Terdaftar IDX HIDIV20 Dengan DPR sebagai Variabel Intervening

Lestari, Asih Puji; Susetyo, Aris

doi:10.32639/jimmba.v2i2.461

Cited by 15 publications

(39 citation statements)

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“…Fourth, the Net Profit Margin (NPM) ratio significantly affects the stock price (Bustani, 2020;Darnita, 2012;Egam et al, 2017;Ningrum, 2017;Ramadhana, Sjahruddin, & Purnomo, 2013). However, it is different from the research results the PBV ratio has no significant effect on the stock price (Dini & Indarti, 2012;Faleria et al, 2017;Hutapea, Saerang, Tulung, Manajemen, Sam, & Manado, 2017;Lestari & Susetyo, 2020).…”

Section: Introductionmentioning

confidence: 84%

“…However, the EPS ratio changes from the research findings, but has no significant effects on the stock price (Darnita, 2012;Faleria, Lambey, & Walandouw, 2017). Second, the Price to Book Value (PBV) ratio significantly affects the stock price (Adi et al, 2013;Ariyani et al, 2018;Cahyaningrum & Antikasari, 2017;Lestari & Susetyo, 2020;Sanjaya & Afriyenis, 2018;Sochib, 2019). However, it is different from the research results that the PBV ratio has no significant effect on the stock price (Beliani & Budiantara, 2017;Dewi & Suaryana, 2013).…”

Section: Introductionmentioning

confidence: 92%

“…For each share, the EPS ratio provides information about net income. In particular, when the EPS ratio increases and decreases, it impacts stock prices (Indahsafitri, Wahono, & Khoirul ABS., 2015;Lestari & Susetyo, 2020;Watung & Ilat, 2016). The EPS ratio is a measuring tool to see an overview of a company's information in making investment decisions.…”

Section: The Influence Of Eps On Stock Pricesmentioning

confidence: 99%

“…First, the Earning per Share (EPS) ratio affects the stock price significantly (Adi, Darminto, & Atmanto, 2013;Ariyani, Andini, & Santoso, 2018;Cahyaningrum & Antikasari, 2017;Dewi & Suaryana, 2013;Egam, Ilat, & Pangerapan, 2017;Fauza & Mustanda, 2016;Girsang, Tambun, Putri, Rarasati, Nainggolan, & Desi, 2019;Kusumawati, Topowijono, & Endang NP., 2016;Lestari & Susetyo, 2020;Sanjaya & Afriyenis, 2018;Sochib, 2019;Sulistyowati, 2011). However, the EPS ratio changes from the research findings, but has no significant effects on the stock price (Darnita, 2012;Faleria, Lambey, & Walandouw, 2017).…”

Section: Introductionmentioning

confidence: 99%

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The Effect of Earning Per Share, Price to Book Value, Dividend Payout Ratio, and Net Profit Margin on the Stock Price in Indonesia Stock Exchange

Bustani

Kurniaty

Widyanti

2021

JMP

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Fundamental analysis of companies with financial ratios is essential in making investment decisions for any company. Therefore, to obtain maximum profit, investors need to perform a study before making investment decisions. This research aims to examine the effect of Earning Per Share (EPS), Price to Book Value (PBV), Dividend Payout Ratio (DPR), and Net Profit Margin (NPM) on the stock price. The research at the Indonesia Stock Exchange, a sub-sector of food and beverage companies, period five years (2014-2018). The sample of this study amounted to 12 companies from 26 companies in the population of food and beverage companies that have met the researchers' criteria. Data analysis with bootstrapping used SEM (statistical equation modeling) in hypothesis testing. The research findings confirmed the significant effect of Earning per Share, Price to Book Value, and Dividend Payout Ratio on stock prices. Meanwhile, the Net Profit Margin does not significantly affect stock prices in the study period, with an alpha significance of five percent. These findings imply practical implications that EPS, PBV, DPR, and NPM ratio information can be considered in investment decisions for anyone.

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Section: Introductionmentioning

confidence: 84%

Section: Introductionmentioning

confidence: 92%

Section: The Influence Of Eps On Stock Pricesmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

The Effect of Earning Per Share, Price to Book Value, Dividend Payout Ratio, and Net Profit Margin on the Stock Price in Indonesia Stock Exchange

Bustani

Kurniaty

Widyanti

2021

JMP

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“…Hasil penelitian ini sependapat dengan penelitian yang dilakukan Lestari & Susetyo (2020) yang menyimpulkan jika kebijakan dividen (DPR) tidak dapat menjadi variabel mediasi pengaruh earning per share (EPS) terhadap harga saham. Selain itu, literatur yang mendukung hasil penelitian ini dikemukakan oleh Noviana (2012) yang menjelaskan tingginya nilai earning per share belum tentu menjadikan perusahaan membayarkan dividen yang tinggi pula kepada para pemegang saham perusahaan.…”

Section: Pengaruh Tidak Langsung Earning Per Share (Eps) Terhadap Harga Saham Melalui Kebijakan Dividen (Dpr)unclassified

Analisis Pengaruh Debt to Equity Ratio (DER), Return On Asset (ROA) dan Earning Per Share (EPS) terhadap Harga Saham melalui Kebijakan Dividen sebagai Variabel Intervening (Studi pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia 2015-2019)

Zakaria

2021

bmaj

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This study aims to determine the effect of debt to equity ratio, return on assets, and earnings per share on stock prices with dividend policy as an intervening variable. Secondary data is used in this quantitative study. Sample is gathered using purposive sampling technique. Data from 23 companies during 5 year are used as the sample. SEM AMOS is used in this study to analyse the data. This study found that return on assets, and earnings per share have significant and direct effect on stock prices and dividend policy. This study also revealed that the debt to equity ratio has no direct effect and significant on stock prices and dividend policy. Results of this study also indicated that the debt to equity ratio, return on assets, and earnings per share do not have indirect effects on stock prices with dividend policy as an intervening variable.Penelitian ini bertujuan untuk mengetahui pengaruh debt to equity ratio, return on asset, dan earning per share terhadap harga saham melalui kebijakan dividen sebagai variabel intervening. penelitian kuantitatif ini menggunakan data sekunder. Sampel dikumpulkan dengan purposive sampling. Didapatkan data dari 23 perusahaan selama 5 tahun yang digunakan dalam sampel penelitian. Analisis data dalam penelitian menggunakan analisis SEM AMOS. Penelitian ini memiliki hasil return on asset, dan earning per share berpengaruh secara langsung dan signifikan terhadap harga saham dan kebijakan dividen. Hasil pengujian juga mengungkapkan debt to equity ratio tidak berpengaruh secara langsung dan signifikan terhadap harga saham dan kebijakan dividen. Hasil penelitian ini juga menunjukkan bahwa debt to equity ratio, return on asset, dan earning per share tidak memiliki pengaruh tidak langsung terhadap harga saham melalui kebijakan dividen sebagai variabel intervening.

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The Effect of Market Capitalization, Trading Volume, Book Value, and Capital Structure on Share Prices

Tanheitafino

Malini

Wendy

et al. 2023

int.jour.sci.res.mana.

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The share price represents the company's value on the share market; buyers and sellers establish the company's value based on the quantity of demand and supply of shares. This research looks at how market capitalization, trading volume, BV, and DER are used to analyze share price variations. The research aims to understand investor behavior in fluctuating market situations. The method used is to analyze multiple linear regression, and the data collection method is secondary data. This study's results indicate a relatively significant correlation between market capitalization, trading volume, BV, DER, and share prices, implying that predictor variables may adequately describe the reasons for price fluctuations. The conclusion of the research results reveals that from 2019 to 2021, investors act rationally in making judgments while conducting transactions or preserving their cash in the Bank and Insurance Sub-Sector. JEL, classification： G11 G12 Keywords: Market Capitalization; Trading Volume; BV; DER; Share Stocks

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Pengaruh NPM, EPS, DER dan PBV Terhadap Harga Saham pada Perusahaan Terdaftar IDX HIDIV20 Dengan DPR sebagai Variabel Intervening

Cited by 15 publications

References 0 publications

The Effect of Earning Per Share, Price to Book Value, Dividend Payout Ratio, and Net Profit Margin on the Stock Price in Indonesia Stock Exchange

The Effect of Earning Per Share, Price to Book Value, Dividend Payout Ratio, and Net Profit Margin on the Stock Price in Indonesia Stock Exchange

Analisis Pengaruh Debt to Equity Ratio (DER), Return On Asset (ROA) dan Earning Per Share (EPS) terhadap Harga Saham melalui Kebijakan Dividen sebagai Variabel Intervening (Studi pada Perusahaan Manufaktur Sektor Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia 2015-2019)

The Effect of Market Capitalization, Trading Volume, Book Value, and Capital Structure on Share Prices

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