i ABSTRAK
FAKTOR-FAKTOR YANG MEMPENGARUHI HARGA SAHAM PERUSAHAAN OTOMOTIF DAN KOMPONEN TERBUKA
DI BURSA EFEK INDONESIA
Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, dan Earning per Share pada perusahaan otomotif dan komponen di Bursa Efek Indonesia periode tahun 2011-2015. Jumlah populasi yang digunakan pada penelitian ini sebanyak 13 perusahaan dan sampel sebanyak 12 perusahaan. Jenis data yang digunakan adalah data sekunder yang bersumber dari laporan keuangan perusahaan otomotif dan komponen yang terdaftar di Bursa Efek Indonesia. Teknik analisis data menggunakan analisis statistik deskriptif dan analisis regresi linear berganda dengan metode Common Effects Model (CEM). Hasil penelitian menunjukkan bahwa secara simultan Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, dan Earning per Share berpengaruh signifikan terhadap harga saham. Secara parsial Return on Equity berpengaruh positif tidak signifikan terhadap harga saham, Return on Assets berpengaruh negatif signifikan terhadap harga saham, Debt to Equity Ratio berpengaruh negatif signifikan terhadap harga saham, Price to Book Value berpengaruh positif signifikan terhadap harga saham, Price to Earning per Share berpengaruh positif signifikan terhadap harga saham, dan Earning per Share berpengaruh positif signifikan terhadap harga saham pada perusahaan otomotif dan komponen di Bursa Efek Indonesia periode 2011-2015. Nilai koefisien determinasi menunjukkan bahwa sebesar 67,61% harga saham perusahaan otomotif dan komponen dapat dijelaskan oleh Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, dan Earning per Share sedangkan sisanya sebesar 32,39% dijelaskan oleh variabel lain yang tidak diteliti pada penelitian ini.
Kata Kunci : Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, Earning per Share, dan Harga Saham.
ii ABSTRACT
THE FACTORS AFFECTING THE STOCK PRICE ON THE AUTOMOTIVE AND COMPONENTS IN INDONESIA
STOCK EXCHANGE
The purpuse of this research is to identify and analyze the influence of Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, and Earning per Share at automotive and components companies in the Indonesia Stock Exchange period 2011-2015. Population used 13 company’s and sample 12 company. The data used is secondary data obtained from the company's financial statements banking companies listed on the Indonesia Stock Exchange. Data analyzed used descriptive statistical analysis and multiple linear regression analysis with Common Effects Model. The data analyzed used descriptive statistical analysis and multiple linear regression analysis with Common Effects Model. The results showed that simultaneous Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, and Earning per Share have significant impact on the Stock Price. Partially results that Return on Equity positive effect not significantly on stock price, Return on Assets have significant negative effect on stock price, Debt to Equity Ratio have significant negative effect on stock prices, Price to Book Value have significant positive effect on stock price, Price to Earning per Share have significant positive effect on stock price, and Earning per Share have significant positive effect on stock price at automotive companies listed in Indonesia Stock Exchange 2011-2015 period. The coefficient of determination shows that 67.61% the stock price of automotive and components companies can be explained by Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, Earnings per Share while the remaining 32,39% is explained by other variables not included in this research.
Keywords: Return on Equity, Return on Assets, Debt to Equity Ratio, Price to Book Value, Price to Earning Ratio, Earning per Share, and Stock Price.