Published: 2025-10-01

Pengaruh DER, EPS, ROE, ROA, CR dan Firm Size Terhadap Harga Saham Industri Barang Konsumsi

DOI: 10.35870/jemsi.v11i5.4550

Windi Wiranti, Rudy Kurniawan, Juanda Astarani
  • Windi Wiranti: Universitas Tanjungpura , Indonesia
  • Rudy Kurniawan: Universitas Tanjungpura
  • Juanda Astarani: Universitas Tanjungpura
Front Cover JEMSI Volume 12 Nomor 1 Februari 2026

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Abstract

This study aims to analyze how financial ratios such as Debt to Equity Ratio, Earning Per Share, Return on Equity, Return on Asset, Current Ratio, and Firm Size affect Stock Prices. Industrial sector companies are the focus of this study, particularly consumer goods companies, with samples obtained using purposive sampling. From 28 consumer goods companies listed on the Indonesia Stock Exchange from 2020 to 2023, the researcher obtained 112 samples. This quantitative study used multiple regression analysis with the Eviews-12 program. The results showed that the Debt to Equity Ratio and Earning Per Share had a significant positive impact on stock value. Conversely, the results indicate that stock prices are negatively impacted by the financial ratios Return on Equity and Firm Size. Meanwhile, Return on Assets and Current Ratio have little influence on stock prices. The Adjusted R-Square value of 0.296 indicates that 29.6% of stock price variation is accounted for by the independent variables, with the remainder attributed to other factors outside the variables.

Keywords

Debt to Equity Ratio ; Earning Per Share ; Current Ratio ; Firm Size ; Stock Prices

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Wiranti, W., Kurniawan, R., & Astarani, J. (2025). Pengaruh DER, EPS, ROE, ROA, CR dan Firm Size Terhadap Harga Saham Industri Barang Konsumsi. JEMSI (Jurnal Ekonomi, Manajemen, Dan Akuntansi), 11(5), 4656-4667. https://doi.org/10.35870/jemsi.v11i5.4550
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This article has been peer-reviewed and published in the JEMSI (Jurnal Ekonomi, Manajemen, dan Akuntansi). The content is available under the terms of the Creative Commons Attribution 4.0 International License.

  • Issue: Vol. 12 No. 1 (2026)

  • Section: Articles

  • Published: %750 %e, %2025

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Author Biographies
Windi Wiranti
Google Scholar ResearchGate ORCID

Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Tanjungpura, Jl. Prof. Dr. Hadari Nawawi, Kota Pontianak, Kalimantan Barat, Indonesia.

Rudy Kurniawan
Google Scholar ResearchGate ORCID

Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Tanjungpura, Jl. Prof. Dr. Hadari Nawawi, Kota Pontianak, Kalimantan Barat, Indonesia.

Juanda Astarani
Google Scholar ResearchGate ORCID

Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis, Universitas Tanjungpura, Jl. Prof. Dr. Hadari Nawawi, Kota Pontianak, Kalimantan Barat, Indonesia.

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