THE EFFECT OF PROFITABILITY RATIOS ON SHARE PRICES OF PERSERO COMMERCIAL BANKS IN INDONESIA FOR PERIOD 2017-2021

Nuril Romadhoni; Prihatiningsih Prihatiningsih; Septian Yudha Kusuma

doi:10.35315/dakp.v11i2.9108

Nuril Romadhoni Politeknik Negeri Semarang
Prihatiningsih Prihatiningsih Politeknik Negeri Semarang
Septian Yudha Kusuma Politeknik Negeri Semarang

DOI: https://doi.org/10.35315/dakp.v11i2.9108

Kata Kunci: Harga Saham, Return On Asset (ROA), Return On Equity (ROE), dan Net Profit Margin (NPM)

Abstrak

Penelitian ini bertujuan untuk mengukur pengaruh variabel Return On Asset (ROA), Return On Equity (ROE), Net Profit Margin (NPM) terhadap Harga Saham Bank Umum Persero di Indonesia Tahun 2017-2021. Jumlah sampel terdiri dari 4 bank yang diperoleh dengan menggunakan teknik total sampling. Data yang digunakan adalah data sekunder yang diperoleh dari Laporan Keuangan Triwulan yang dipublikasi di website resmi PT Bank Negara Indonesia (Persero) Tbk, PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia (Persero) Tbk, dan PT Bank Tabungan Negara (Persero) Tbk selama periode tahun 2017-2021. Model analisis data yang digunakan adalah analisis regresi linear berganda dengan menggunakan perangkat lunak SPSS 25.00, sedangkan uji hipotesis menggunakan teknik analisis data yaitu koefisien determinasi (Adjusted R²), uji F dan uji t. Berdasarkan hasil uji koefisien determinasi (Adjusted R²) menunjukkan bahwa Return On Asset (ROA), Return On Equity (ROE), Net Profit Margin (NPM) memberikan kontribusi pengaruh sebesar 0,36 atau 36% terhadap Harga Saham, sedangkan 0,64 atau 64% dijelaskan oleh variabel lain diluar model penelitian. Hasil uji F menunjukkan bahwa Return On Asset (ROA), Return On Equity (ROE), Net Profit Margin (NPM) secara simultan berpengaruh signifikan terhadap Harga Saham. Berdasarkan hasil uji t menunjukkan bahwa variabel Return On Asset (ROA), Return On Equity (ROE), Net Profit Margin (NPM) secara parsial berpengaruh signifikan terhadap Harga Saham Bank Umum Persero di Indonesia Tahun 2017-2021.

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