Muhammad didik Budianto, Indria Agustina, Sohibatul Ilmiyah, Devi Mariska
{"title":"The Impact of ROA, ROE, and EPS on Indonesian Financial Sector Companies' Stock Prices","authors":"Muhammad didik Budianto, Indria Agustina, Sohibatul Ilmiyah, Devi Mariska","doi":"10.54204/aebd/vol6no1august2023008","DOIUrl":null,"url":null,"abstract":"The purpose of this study was to examine the effects of Return On Assets (ROA), Return On Equity (ROE) and Earnings Per Share (EPS) on the share prices of financial sector companies listed on the Indonesian Sharia Stock Index (ISSI) between 2016 and 2020. Secondary data from the annual reports of each company was utilized for this analysis. The multiple linear regression method was employed to analyze the cross-sectional data, taking into account the variables ROA, ROE, and EPS. And the study's findings after analysis reveal that none of the variables, whether they are considered separately or together, have any impact on the stock prices of financial firms that are listed on the Indonesian Sharia Stock Index (ISSI).","PeriodicalId":231441,"journal":{"name":"ASIAN Economic and Business Development","volume":"3 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-08-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"ASIAN Economic and Business Development","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.54204/aebd/vol6no1august2023008","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 purpose of this study was to examine the effects of Return On Assets (ROA), Return On Equity (ROE) and Earnings Per Share (EPS) on the share prices of financial sector companies listed on the Indonesian Sharia Stock Index (ISSI) between 2016 and 2020. Secondary data from the annual reports of each company was utilized for this analysis. The multiple linear regression method was employed to analyze the cross-sectional data, taking into account the variables ROA, ROE, and EPS. And the study's findings after analysis reveal that none of the variables, whether they are considered separately or together, have any impact on the stock prices of financial firms that are listed on the Indonesian Sharia Stock Index (ISSI).