Stock Price (Case Study: Banking Companies Listed on The Indonesia Stock Exchange for the 2018–2022 Period)

Abstract

This study aims to determine the effect of return on assets, return on equity, debt-to-equity ratio, and earnings per share on stock prices. Data collection uses secondary data, namely the financial reports of banking companies listed on the IDX for the 2018-2022 period of 37 companies. The research method used is structural equation modeling least squares (SEM-PLS). The results of this study indicate that the debt-to-equity ratio has a negative but insignificant effect on stock prices. Meanwhile, return on assets, return on equity, and earnings per share have a positive but not significant impact on stock prices.