Pengaruh Return On Equity (ROE), Debt To Equity Ratio (DER), Dan Price Earning Ratio (PER) Terhadap Return Saham Pada Perusahaan Infrastruktur, Utilitas dan Transportasi di Daftar Efek Syariah Periode 2017-2018

Zayyinah, Zayyinah and Firmansyah, Farid (2021) Pengaruh Return On Equity (ROE), Debt To Equity Ratio (DER), Dan Price Earning Ratio (PER) Terhadap Return Saham Pada Perusahaan Infrastruktur, Utilitas dan Transportasi di Daftar Efek Syariah Periode 2017-2018. Shafin : Finance and Sharia Accounting Journal, 1 (1). pp. 45-58. ISSN 2797-3484

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Abstract

List of Sharia Securities (DES) is a collection of securities that do not conflict with sharia principles on the capital market, and are determined by Bapepam-LK or a party approved by Bapepam-LK. Companies listed on the Sharia Securities List are Infrastructure, Utilities and Transportation companies. The size of the return depends on the company's management performance system. The higher the increase in company return, the better the company's performance. This stock return prediction can be done by analyzing financial reports based on financial ratios. The purpose of this study is to analyze the Return On Equity, Debt to Equity Ratio, and Price Earning Ratio simultaneously and partially have a significant or not significant effect on Stock Returns in Infrastructure, Utilities and Transportation companies in the Sharia Securities List for the 2017-2018 Period. This study uses a quantitative approach, with multiple linear analysis techniques with the help of SPSS analysis tool version 20. The type of data is the secondary data, the sample is 66 financial statements and proving the hypothesis using the F test calculation, the t test by performing the classical assumption test first to determine the regression data used normally distributed. The classical assumption test results show normal regression data. The results showed that the Return On Equity variable was eliminated because there were testing problems in this study. So only the variables Debt to Equity Ratio, and Price Earning Ratio are used and get the results of Debt to Equity Ratio, and Price Earning Ratio simultaneously has a significant effect on Stock Return. This can be seen from the results of the F test, the significant value is smaller than α = 0.05, namely 0.000. The results showed that the Debt to Equity Ratio had a negative and significant effect on stock returns as seen from the significant value of 0.000 <0.05. Price Earning Ratio has no significant effect on stock returns, it can be seen that the significance value is 0.149> 0.05. Based on the coefficient of determination (r2) table that the Adjust R Square is 0.818 or 81.8%. This means that 81.8% of the ability of the regression model in this study to explain the dependent variable. This means that 81.8% of the Stock Return variable is explained by the variable variation of the independent variable Debt to Equity Ratio and Price Earning Ratio while the remaining 18.2% (100% - 81.8%) is influenced by other factors outside the variables studied. Keywords: Return On Equity, Debt to Equity Ratio, Price Earning Ratio, Return Saham.

Item Type:	Article
Subjects:	A General Works > AC Collections. Series. Collected works A General Works > AS Academies and learned societies (General) H Social Sciences > HF Commerce H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Fakultas Ekonomi dan Bisnis Islam > Akuntasi Syari'ah
Depositing User:	Administrator Khazanah
Date Deposited:	07 Apr 2023 03:49
Last Modified:	07 Apr 2023 03:49
URI:	http://repository.iainmadura.ac.id/id/eprint/723

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