Analysis of the Influence of Return on Assets (ROA), Debt to Asset Ratio (DAR), and Price Earning Ratio (PER) on Persero Banking Stock Prices in 2014-2021

Abstract

This study aims to analyze the influence of variables Return on Asset (ROA), Debt to Asset Ratio (DAR), and Price Earning Ratio (PER) on the prices of persero banking stock listed on the Indonesia Stock Exchange in 2014-2021. The data used in this study is secondary data obtained through the publication of persero banking financial reports published on the website www.idx.com in 2014-2021. The analytical method used in this study is a quantitative method using panel data regression techniques using the method of the fixed effect processed using the Eviews 8 program. The results of the analysis of this study indicate that the variable Price Earning Ratio (PER) has a probability t-statistic value of 0.0139 < alpha 0.05, so it can be concluded that Price Earning Ratio (PER) has a positive and significant effect on share prices of persero banks in 2014-2021.