Pengaruh Return On Asset (ROA), Earning Per Share (EPS), Debt To Equity Ratio (DER) dan Price Earning Ratio (PER) Terhadap Return Saham (Studi Kasus Pada Perusahaan Manufaktur Tahun 2017-2019 Yang Terdaftar Di Bursa Efek Indonesia) Rodia Heppy Prastika1,

Abstract

This study aims to determine the effect of Return On Assets, Earning Per Share, Debt To Equity Ratio and Price Earning Ratio on Stock Returns in manufacturing companies listed on the Indonesia Stock Exchange in 2017-2019. This study uses a quantitative approach, the population in this study is 182 companies, the sampling technique uses the purposive sampling method so as to obtain 35 companies that meet the criteria during 2017-2019. The results of this study concluded that: 1). Return on Assets (ROA) has no significant effect on stock returns, this indicates that manufacturing companies listed on the Stock Exchange are less effective in utilizing their assets to generate profits. 2). Earning Per Share (EPS) does not have a positive effect on stock returns, this shows the high and low value of Earning Price Share will not always contribute to stock returns. 3). Debt to Equity Ratio (DER) does not have a significant effect on stock returns, this shows the high and low value of the Debt to Equiy Ratio or debt ratio does not always affect stock returns. 4). Price Earning Ratio (PER) has a significant effect on stock returns, this shows a high Price Earning Ratio will reduce the value of stock returns. If the market return is lower than the stock return, then the stock is not worth buying, and vice versa.