The Effect of Return on Equity (ROE), Current Ratio (CR) and Debt to Equity Ratio (DER) on Stock Prices (Study on Food and Beverage Sub-Sector Companies Listed on the Indonesia Stock Exchange for the Period 2020-2023)
Pengaruh Return on Equity (ROE), Current Ratio (CR) dan Debt to Equity Ratio (DER) Terhadap Harga Saham (Studi Pada Perusahaan Sub Sektor Makanan dan Minuman yang Terdaftar di Bursa Efek Indonesia Periode 2020-2023)
DOI:
https://doi.org/10.21070/ups.6755Keywords:
Return on Equity, Current Ratio, Debt to Equity RatioAbstract
This study aims to determine the effect of Return on Equity (ROE), Current Ratio (CR), and Debt Equity Ratio (DER) on the share price of the food and beverage sub-sector listed on the Indonesia Stock Exchange (IDX) in 2020-2023. This study used 84 samples taken through purposive sampling technique. The results showed that stock prices were positively influenced by Return on Equity (ROE), while Current Ratio (CR) and Debt Equity Ratio (DER) had no significant effect on stock prices. Thus, it can be concluded that the major influence on the share price of food and beverage sub-sector companies is not evenly distributed across all companies listed on the IDX, because only the Return on Equity (ROE) variable which shows investment opportunities alone shows a significant influence.
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