{"title":"MANUFACTURING COMPANY'S STOCK PRICE: EFFECTDIVIDEND PER SHARE, EARNING PER SHARE, RETURN ON INVESTMENT, PRICE BOOK VALUE LISTINGIN BEI","authors":"Titin Eka Ardiana, Ika Farida Ulfah","doi":"10.29040/ijebar.v6i2.5722","DOIUrl":null,"url":null,"abstract":"The increase in stock prices is strongly influenced by dividends per share, earnings per share, return on investment, and price book value. The data collection technique in this study uses financial report data from all manufacturing companies listed on the Indonesia Stock Exchange in 2018, which are 131 companies and uses a purposive sampling technique. The results of this study both partially and simultaneously show that Dividend Per Share (DPS) has an influence on stock prices which can explain that the greater the dividends distributed by the company, the direct impact on the increase in the company's share price. 2) There is a significant effect of Earning Per Share (EPS) on stock prices. 3) The negative effect of Return on Investment (ROI) on stock prices illustrates that the profit information obtained by the company for each company's total assets is not necessarily responded to by investors with high stock prices. 4) The influence of Price Book Value (PBV) indicates that the value of the company perceived by investors will be in line with the increase in the company's stock price. The contribution of the four dependent variables to stock prices is 86.8% and 3.2% can be explained by other variables outside of this study. \n \nKeywords: Share Price, Dividend Per Share (DPS), Earning Per Share (EPS), Return on Investment (ROI), Price to Book Value (PBV)","PeriodicalId":426165,"journal":{"name":"International Journal of Economics, Business and Accounting Research (IJEBAR)","volume":"1 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2022-06-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Journal of Economics, Business and Accounting Research (IJEBAR)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.29040/ijebar.v6i2.5722","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The increase in stock prices is strongly influenced by dividends per share, earnings per share, return on investment, and price book value. The data collection technique in this study uses financial report data from all manufacturing companies listed on the Indonesia Stock Exchange in 2018, which are 131 companies and uses a purposive sampling technique. The results of this study both partially and simultaneously show that Dividend Per Share (DPS) has an influence on stock prices which can explain that the greater the dividends distributed by the company, the direct impact on the increase in the company's share price. 2) There is a significant effect of Earning Per Share (EPS) on stock prices. 3) The negative effect of Return on Investment (ROI) on stock prices illustrates that the profit information obtained by the company for each company's total assets is not necessarily responded to by investors with high stock prices. 4) The influence of Price Book Value (PBV) indicates that the value of the company perceived by investors will be in line with the increase in the company's stock price. The contribution of the four dependent variables to stock prices is 86.8% and 3.2% can be explained by other variables outside of this study.
Keywords: Share Price, Dividend Per Share (DPS), Earning Per Share (EPS), Return on Investment (ROI), Price to Book Value (PBV)
股票价格的上涨受到每股股息、每股收益、投资回报率和账面价值的强烈影响。本研究中的数据收集技术使用了2018年在印度尼西亚证券交易所上市的所有制造业公司的财务报告数据,共131家公司,并使用了有目的的抽样技术。本研究的结果既部分又同时表明每股股息(Dividend Per Share, DPS)对股价有影响,这可以解释公司分配的股息越大,对公司股价的上涨有直接的影响。2)每股收益(EPS)对股票价格有显著影响。3)投资回报率(ROI)对股票价格的负向影响说明公司对每个公司的总资产所获得的利润信息不一定会受到高股价投资者的响应。4)股价账面价值(Price - Book Value, PBV)的影响表明投资者感知到的公司价值将与公司股价的上涨相一致。四个因变量对股价的贡献为86.8%,3.2%可以被本研究之外的其他变量解释。关键词:股价,每股股息,每股收益,投资回报率,市净率