THE INFLUENCE OF PRICE EARNING RATIO (PER), EARNING PER SHARE (EPS), PRICE TO BOOK VALUE (PBV) ON STOCK PRICES AND FIRM SIZE AS MEDIATORS IN FOOD AND BEVERAGE SUB-SECTOR MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE 2015-2020

Jesika Sihaloho, Asep Rochyadi PS

Abstract

This study aims to analyze or find out the influence of 1. Price Earning Ratio against the share price of food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2015-2020, 2. Earning Per Share against the share price of food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2015-2020, 3. Price to Book Value against the share price of food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2015-2020, 4. Price Earning Ratio (PER) to the stock price with Firm Size as a moderator variable in food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2015-2020, 5. Earning Per Share (EPS) against the share price with Firm Size as a moderator variable on food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2015-2020, 6. Price to Book Value (PBV) against the stock price with Firm Size as a moderator variable in food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange in 2015-2020.
The population in this study was 32 companies in the food and beverage sub-sector listed on the Indonesia Stock Exchange for the period 2015-2020. Sampling used purposive sampling methods and researchers obtained samples as many as 17 companies. Data collection techniques that researchers do by means of documentation studies and literature studies. And the data analysis techniques that researchers use are Descriptive Statistics, Classical Assumption Test, Analysis Apriori Multiple Reggression, and Moderated Regression Analysis.
The results showed that 1. Price Earning Ratio (PER) has no effect on stock price, 2. Earnings Per Share (EPS) has a positive and significant effect on the stock price, 3. Price to Book Value (PBV) has a positive and significant effect on the stock price, 4. Price Earning Ratio (PER) to firm size moderated stock prices has no effect, 5. Earnings Per Share (EPS) against firm size moderated stock prices have a significant effect, 6. Price to Book Value (PBV) against the moderated stock price of Firm Size has a significant effect.

Keywords: Stock Price, Price Earning Ratio (PER), Earnings Per Share (EPS), Price to Book Value (PBV), Firm Size.

Full Text:

PDF

References

Angelina, Linda, dan Susanto Salim. (2021). Pengaruh EVA, Firm Size, DPR dan PBV Terhadap Harga Saham Perusahaan Manufaktur. Jurnal Paradigma Akuntansi.

Ariyana, Liya, Rita Andini, dan Edi Budi Santoso. (2018). Pengaruh EPS, CR, DER, dan PBV Terhadap Harga Saham Dengan Kebijakan Deviden Sebagai Variabel Intervening (Studi pada perusahaan manufaktur yang terdaftar di BEI tahun 2011-2015. Journal Of Accounting.

Astuti, Pudji, Yunita Laras Sari, dan Armalia Reny Wa. (2018). Analisis Pengaruh Return On Equity, Earning Per Share, Price to Book Value, Book Value Per Share, Price Earning Ratio dan Kepemilikan Institusional Terhadap Harga Saham. Jurnal Ekonomi 20.

Brigham, E. F., dan Houston, J. F. (2010). Dasar-Dasar Manajemen Keuangan. Edisi 11, Jakarta: Salemba Empat.

Damayanti, Putu Ryan, Anantawikrama Tungga Atmadja, I Made Pradana Adiputra. (2014). Pengaruh Deviden Per Share dan Earning Per Share Terhadap Harga Saham pada Perusahaan Industri Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia Periode 2010-2012. JIMAT (Jurnal Ilimah Mahasiswa Akuntansi).

Feri, M. (2014). Pengaruh Rasio Profitabilitas Terhadap Perubahan Harga Saham Pada Perusahaan Sektor Properti Yang Listing di Bursa Efek Indonesia Periode 2008-2012. Jurnal Ilmu Manajemen.

Husnan, Suad. (2013). Manajemen Keuangan, Edisi ke-4. Yogyakarta: BPFE.

Jogiyanto, H. (2010). Teori Portofolio dan Analisis Investasi. Edisi Ke-7. Yogyakarta: BPFE.

Kasmir. (2016). Analisis Laporan Keuangan. Jakarta: Raja Grafindo.

Mudjijah, Slamet, Zulvia Khalid, dan Diah Ayu Sekar. (2019). Pengaruh Kinerja Keuangan dan Struktur Modal Terhadap Nilai Perusahaan Yang Dimoderasi Variabel Ukuran Perusahaan. Jurnal Akuntansi dan Keuangan.

Salam, Anis Fuad. (2019). Pengaruh Kebijakan Deviden Terhadap Harga Saham dengan Ukuran Perusahaan Sebagai Variabel Moderating. PUBLIK.

Sujati, Lisya, dan Sparta. (2013). Analisis Pengaruh Earning Per Share (EPS), Price Earning Ratio (PER), Return On Equity (ROE), dan Return On Assets (ROA) Terhadap Harga Saham. Ultima Accounting : Jurnal Ilmu Akuntansi 5.

Thover, Mastor Chris, Dedi Rianto Rahadi, dan Purwanto. (2020). Determinasi EVA, MVA, Likuiditas dan Firm Size Terhadap Harga Saham di Perusahaan Retail Indonesia. FIRM Jorunal of Management Studies.

Wardi, J. (2015). Pengaruh Current Ratio, Debt to Equity Ratio, Return On Equity dan Earning Per Share Terhadap Harga Saham Pada Perusahaan Pertambangan Yang Terdaftar di BEI Periode 2009-2014. Jurnal Akuntansi.

Refbacks

  • There are currently no refbacks.