Pengaruh Current Ratio, Debt To Asset Ratio, Debt To Equity Ratio, Return On Asset, Dan Price Earning Ratio Terhadap Harga Saham Pada Peusahaan Sub Sektor Plastik Dan Kemasan Yang Terdaftar Di Bursa Efek Indonesia (bei) Tahun 2012-2016

Authors

  • Sarah Agustina Telkom University
  • Hendratno Hendratno Telkom University

Abstract

Abstrak Sub sektor plastik dan kemasan memiliki peranan yang penting, karena material yang dihasilkan tidak dapat dipisahkan dari kehidupan sehari-hari serta digunakan untuk industri lainnya seperti industri farmasi, kosmetik, makanan, minuman, dan lain-lain. Kinerja perusahaan sub sektor plastik dan kemasan dari tahun 2012-2016 mengalami fluktuasi, namun pada tahun 2015 sebagian besar perusahaan sub sektor plastik dan kemasan mengalami penurunan. Penurunan kinerja tersebut berdampak pada penurunan harga saham, pada beberapa perusahaan penurunan kinerja perusahaan tidak sejalan dengan harga saham. Penelitian ini bertujuan untuk melihat variabel Current Ratio, Debt to Asset Ratio, Debt to Equity Ratio, Return On Asset, dan Price Earning Ratio terhadap harga saham pada sub sektor plastik dan kemasan tahun 2012-2016. Metode pengumpulan data dilakukan melalui data sekunder di mana data tersebut diperoleh dari situs web resmi Bursa Efek Indonesia (BEI) yaitu idx.co.id. Jumlah sampel yang digunakan sebanyak 10 perusahaan dengan menggunakan metode purposive sampling. Data dianalisa menggunakan regresi data panel dengan tingkat signifikansi 5%. Berdasarkan hasil pengolahan data, penelitian ini menunjukan bahwa secara parsial Current Ratio, Debt to Asset Ratio, Debt to Equity Ratio dan Return On Asset tidak memiliki pengaruh yang signifikan terhadap harga saham, sedangkan Price Earning Ratio memiliki pengaruh yang signifikan terhadap harga saham. Secara simultan Current Ratio, Debt to Asset Ratio, Debt to Equity Ratio, Return On Asset, dan Price Earning Ratio memiliki pengaruh yang signifikan terhadap harga saham. Kata Kunci: Current Ratio; Debt to Asset Ratio; Debt to Equity Ratio; Return On Asset; Price Earning Ratio; Harga Saham Abstract The plastic and packaging sub-sector has a very important role, because the materials that produced cannot be divided from our daily life and the materials are used for other industries such as the pharmaceutical, cosmetics, food, beverage and other industries. The performance of plastic and packaging sub-sector companies from 2012- 2016 that fluctuation, further in 2015 more plastic and packaging sub-sector companies are experienced declining. The impact of this decline in performance is the decrasing of stock prices, but in some companies the decline in performance does not match with the stock price. This study aims to look at the variables of Current Ratio, Debt to Asset Ratio, Debt to Equity Ratio, Return On Asset, and Price Earning Ratio on stock prices in the plastic and packaging sub-sector in 2012-2016. The method of data collection is done through secondary data where the data is obtained from the official website of the Indonesia Stock Exchange (IDX), namely idx.co.id. The number of samples used was 10 companies using the purposive sampling method. Data was analyzed using panel data regression with a significance level of 5%. Based on the results of data processing, this study shows that partially Current Ratio, Debt to Asset Ratio, Debt to Equity Ratio, and Return On Asset don’t have a significant effect on stock prices, while Price Earning Ratio has a significant influence on stock prices. Simultaneously Current Ratio, Debt to Asset Ratio, Debt to Equity Ratio, Return On Asset, and Price Earning Ratio have a significant influence on stock prices. Keywords: Current Ratio; Debt to Asset Ratio; Debt to Equity Ratio; Return On Asset; Price Earning Ratio; Stock Price

Downloads

Published

2019-04-01

Issue

Section

Program Studi S1 Manajemen (Manajemen Bisnis Telekomunikasi & Informatika)