The Effect Of Price Earning Ratio, Current Ratio, Net Profit Margin And Debt To Equity Ratio On Stock Prices Of The Lq-45 Index Of The Indonesia Stock Exchange 2016-2018
Abstract
This study aims to analyze the joint and partial effect of the price
earning ratio, current ratio, net profit margin, and debt to equity
ratio variables on the stock prices of companies listed on the LQ-45
Index of the Indonesian Stock Exchange for the 2016-2018 period.
The research sample is companies that fall into the LQ-45 stock
category, namely 45 companies for the 2016-2018 period using
normality, autocorrelation, multicollinearity, and heteroscedasticity
tests as classical assumptions using multiple regression analysis
methods. The results of the analysis show that the research variable
has a significant effect on stock prices in companies in the LQ-45
Index category of the Indonesian stock exchange for the 2016-2018
period and the partial test results show that the price earning ratio
variable has no significant effect on stock prices, the current variable
ratio and affects stock prices. net profit margin significantly affects
stock prices and the debt to equity ratio variable significantly affects
stock prices in companies in the LQ-45 Index category of the
Indonesian stock exchange for the period 2016 - 2018.
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