PENGARUH RASIO KEUANGAN TERHADAP HARGA SAHAM PERUSAHAAN YANG TERDAFTAR PADA SECTOR JAKARTA ISLAMIC INDEX PERIODE

Muh. Yusuf Basri. 2019. Effect of Financial Ratios on Stock Prices of Companies Listed in Jakarta Islamic Index Sector Period 2017-2018 (guided by Abdullah Abidin).
The research objective is to find out and analyze whether Current Ratio (X1), Debt Equity Ratio (X2), Total Asset Trunover (3), Retruntn Equity (4), and Earning Per Share (5) there is a partial influence on the company's stock price (Y ) registered in the Jakarta Islamic Index for the 2017-2018 period. To find out and analyze whether Current Ratio (X1), Debt Equity Ratio (X2), Total Asset Trunover (3), Return On Equity (X4) and Earning Per Share (X5) there are simultaneous effects on stock prices (Y). To find out and analyze which of the Curren Ratio (X1), Debt Equity Ratio (X2), Total Asset Trunover (4), Return On Equity (X4), and Earning Per Share (5) variables that have a dominant influence on stock prices ( Y).
The research was carried out at the Indonesia Stock Exchange Gallery through the internet with the address website www.idx.coid. The population in this study were 30
companies while a sample of 24 companies with criteria for sample determination (1).
Companies listed on the Indonesia Stock Exchange, (2). Never posted from the Indonesia Stock Exchange, (3). Publish financial reports every year.
The analytical tool used in this study is multiple linear regression analysis For windows Version 20 by using partial test, simultaneous test, classic assumption test and R
Square test.
The results found that partially the Debt To Equity (X2), Return On Equity (X4) and Earning Per Share (X3) variables had a significant positive effect on the company's stock price while the Current Ratio (X1) and the Total Asset Turnover (X3) variables not positive and not significant effect on stock prices (Y). Of the five independent variables in this research model, the more dominant influence on stock prices is the Return On Equity (X4) variable because the significant value of 0,000 is smaller than the significant value of other variables in this research model. Then in a simultaneous test it is known
that all independent variables have a positive and significant effect on the company's stock price.