PENGARUH VARIABEL EKONOMI MAKRO DAN FUNDAMENTAL TERHADAP HARGA SAHAM PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2015 - 2019

Abstract

This study aims to (1) determine the effect of inflation on stock prices in banking companies listed on the Indonesia Stock Exchange in 2015 – 2019; (2) Knowing the effect of Debt to Equity Ratio (DER) on stock prices in banking companies listed on the Indonesia Stock Exchange in 2015 – 2019; (3) Knowing the effect of Price to Book Value (PBV) on stock prices in banking companies listed on the Indonesia Stock Exchange in 2015 – 2019; (4) Knowing the effect of inflation, DER, PBV simultaneously on stock prices in banking companies listed on the Indonesia Stock Exchange in 2015 – 2019.

The results of this study partially show that inflation has no effect on stock prices of banking companies listed on the Indonesia Stock Exchange in 2015 - 2019, partially showing that DER has an effect on stock prices of banking companies listed on the Indonesia Stock Exchange in 2015 - 2019, partially showing that PBV has no effect on stock prices of banking companies listed on the Indonesia Stock Exchange in 2015 - 2019, while the research results simultaneously show that inflation, DER, and PBV affect stock prices of listed banking companies on the Indonesia Stock Exchange in 2015 – 2019