PENGARUH TAT, CR, ROA, DAN PER TERHADAP HARGA SAHAM PROPERTI DAN REAL ESTATE DI BEI

Abstrak

Investors value a stock using fundamental analysis of variables that are expected to affect the price of a stock. This study aims to provide empirical evidence that Total Assets Turnover (TAT), Current Ratio (CR), Return On Assets (ROA), and Price Earning Ratio (PER) affect the stock price. This research was conducted at property and real estate company listed on IDX for the 2016-2018 observation period using a purposive sampling method. There are total sample of 36 companies. Data collection was performed using non-participant observation methods and data analysis techniques using multiple linear regression analysis techniques. Based on the results of the analysis found that TAT, CR, ROA, and PER simultaneously affect the stock prices. Partially TAT and CR have no effect on stock prices. This means that investors in investing do not pay attention to the ratio of TAT and CR. Whereas ROA and PER partially have a positive and significant effect on stock prices. This shows that investors pay attention to the ratio of ROA and PER in investing in shares. The higher value of ROA and PER, the higher the interest of investors to invest their capital in the company so that the company’s stock price will increase.

Keywords: total asset turnover, current ratio, return on assets, price earnings ratio, stock prices