PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM (STUDI PADA PERUSAHAAN ROKOK YANG TERDAFTAR DI BEI PERIODE 2016-2020)

Abstract

This research was entitled “The Effect Of Financial Ratios On The Stock Price (Study On Cigarette Companies Listed On The Indonesian Stock Exchange For The Period 2016-2020)”. The analysis used is quantitative data with the method of collecting secondary data obtained from the company’s financial statements on the IDX. The purpose of this research is to determine and examine whether the profitability, liquidity, and solvability may influence the stock price at cigarette companies listed on the Indonesian Stock Exchange (IDX).

The samples used in this research is the finansial statements of companies listed on the Indonesian Stock Exchange for the period 2016-2020. The number of samples selected is 4 companies with 20 data. The selection of these samples used the purposive sampling method. The hypotheses in this research were tested and analyzed with the help of a computer program JASP 0.9.2.0. Universileit-Van-Amsterdam.

The result of this research indicated that profitability and solvability have no effect on stock price, while liquidity have an influence on stock price.