Determinants Of Stock Price Factors In The Jakarta Islamic Index

Information plays a vital role in stock trading in the capital market, especially for investors who plan to engage in investment activities in the capital market. The purpose of this study is to analyze the effect of return on equity (ROE), earning per share (EPS), and price to book value (PBV) on s...

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Main Authors: Adriana Kuswara, Damayanti Damayanti
Format: Article
Language:English
Published: PPPM Sekolah Tinggi Ilmu Ekonomi (STIE) Syariah Bengkalis 2024-12-01
Series:Iqtishaduna: Jurnal Ilmiah Ekonomi Kita
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Online Access:https://ejournal.stiesyariahbengkalis.ac.id/index.php/iqtishaduna/article/view/2134
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author Adriana Kuswara
Damayanti Damayanti
author_facet Adriana Kuswara
Damayanti Damayanti
author_sort Adriana Kuswara
collection DOAJ
description Information plays a vital role in stock trading in the capital market, especially for investors who plan to engage in investment activities in the capital market. The purpose of this study is to analyze the effect of return on equity (ROE), earning per share (EPS), and price to book value (PBV) on stock prices. The study population was 30 companies listed on the Jakarta Islamic Index on the IDX. A purposive sampling technique obtained 7 samples with 34 observation data. The data analysis technique used multiple linear regressions. The study results showed that ROE and EPS did not affect stock prices, but PBV positively affected stock prices. This study can increase knowledge and complement existing theories, especially regarding PBV and stock prices, and can be a reference for further research. This study can be a reference for investors and potential investors who are investing their capital in the company so as not to experience losses and for company managers to make decisions to maintain stock price stability.
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language English
publishDate 2024-12-01
publisher PPPM Sekolah Tinggi Ilmu Ekonomi (STIE) Syariah Bengkalis
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series Iqtishaduna: Jurnal Ilmiah Ekonomi Kita
spelling doaj-art-ff9aee15a7474cc9bba21cb291d17d352024-12-20T08:37:26ZengPPPM Sekolah Tinggi Ilmu Ekonomi (STIE) Syariah BengkalisIqtishaduna: Jurnal Ilmiah Ekonomi Kita2303-35682684-82282024-12-0113229831210.46367/iqtishaduna.v13i2.21342134Determinants Of Stock Price Factors In The Jakarta Islamic IndexAdriana Kuswara0Damayanti Damayanti1Universitas YPPI Rembang, Jawa Tengah, IndonesiaUniversitas YPPI Rembang, Jawa Tengah, IndonesiaInformation plays a vital role in stock trading in the capital market, especially for investors who plan to engage in investment activities in the capital market. The purpose of this study is to analyze the effect of return on equity (ROE), earning per share (EPS), and price to book value (PBV) on stock prices. The study population was 30 companies listed on the Jakarta Islamic Index on the IDX. A purposive sampling technique obtained 7 samples with 34 observation data. The data analysis technique used multiple linear regressions. The study results showed that ROE and EPS did not affect stock prices, but PBV positively affected stock prices. This study can increase knowledge and complement existing theories, especially regarding PBV and stock prices, and can be a reference for further research. This study can be a reference for investors and potential investors who are investing their capital in the company so as not to experience losses and for company managers to make decisions to maintain stock price stability.https://ejournal.stiesyariahbengkalis.ac.id/index.php/iqtishaduna/article/view/2134return on equityearning per shareprice to book valuestock price
spellingShingle Adriana Kuswara
Damayanti Damayanti
Determinants Of Stock Price Factors In The Jakarta Islamic Index
Iqtishaduna: Jurnal Ilmiah Ekonomi Kita
return on equity
earning per share
price to book value
stock price
title Determinants Of Stock Price Factors In The Jakarta Islamic Index
title_full Determinants Of Stock Price Factors In The Jakarta Islamic Index
title_fullStr Determinants Of Stock Price Factors In The Jakarta Islamic Index
title_full_unstemmed Determinants Of Stock Price Factors In The Jakarta Islamic Index
title_short Determinants Of Stock Price Factors In The Jakarta Islamic Index
title_sort determinants of stock price factors in the jakarta islamic index
topic return on equity
earning per share
price to book value
stock price
url https://ejournal.stiesyariahbengkalis.ac.id/index.php/iqtishaduna/article/view/2134
work_keys_str_mv AT adrianakuswara determinantsofstockpricefactorsinthejakartaislamicindex
AT damayantidamayanti determinantsofstockpricefactorsinthejakartaislamicindex