Journal of Applied Business and Technology
Vol. 1 No. 2 (2020): Journal of Applied Business and Technology

Analysis of the Effect of Solvability Ratio, Profitability, and Market Ratio on Share Prices of Pharmaceutical Sub Sector Companies Listed on Indonesia Stock Exchange (IDX) Period 2014-2018

Jevellyn Masril (Institut Bisnis dan Teknologi Pelita Indonesia)
Martha Martha (Institut Bisnis dan Teknologi Pelita Indonesia)



Article Info

Publish Date
31 May 2020

Abstract

This research aims to determine the effects of financial ratios to share prices in pharmaceutical sector companies in Indonesia. The dependent variable used was Share Prices, while the independent variable included EPS, DER, ROA and PER. The samples taken were the companies listed on the pharmaceutical sector of Indonesia Stock Exchange which were selected using purposive sampling. Among 12 companies listed on the pharmaceutical sector in the population, 3 companies have not published financial reports. Hence, the samples used in this research were only 9 companies. The method used was linear regression. The result showed that, earnings per share have positive influence to the share prices, debt to equity ratio have have negative influence to the share prices, return on assets have positive influence to the share prices and price earnings ratio have positive influence to the share prices.

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Journal Info

Abbrev

JABT

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JABT (Journal of Applied Business and Technology) is a media for exploration and discussion about Business Management and Technological problems arised in the society. It includes scientific articles in the form of research results, theory application, analytical studies, and literature studies on ...