The Effect Of Profitability Ratio On Share Prices Of Energy Companies Listed On IDX

  • Annisa Lavenia Universitas Ibn Khaldun Bogor
  • RENEA SHINTA AMINDA Universitas Ibn Khaldun Bogor
  • Immas Nurhayati Universitas Ibn Khaldun Bogor
Keywords: ROA, ROE, NPM, stock price.

Abstract

The supply and demand for the stock itself play a big role in determining the price of the stock. The stock price will typically increase as more people purchase shares, and vice versa, as more individuals sell their shares, the stock price will often decline. This study aims to evaluate the significance of ROA, ROE, and NPM's impacts on stock prices. This study looked at energy and component firms that were listed on the Indonesia Stock Exchange between 2017 and 2021. 8 companies that served as sample sizes in this study. Documentation and relevant books about study issues are used to collect data. Using the analysis's findings, it was discovered that ROA, ROE and NPM have a significant impact on stock prices simultaneously.

Published
2023-11-01
Section
Articles