ANALISIS HARGA SAHAM PADA PERUSAHAAN ASURANSI YANG GO PUBLIK DI BURSA EFEK INDONESIA PERIODE 2005 – 2009
ABSTRACT: The purpose of this
study was to measure the influence of Price Earning Ratio (PER), Leverage Ratio
(LR), Return On Equity (ROE), Price to Book Value (PBV) on Stock price in the
insurance company. The analysis used the quantitative analysis of multiple
linear regression model using ordinary least squares (OLS). From the results,
it could be explain that the variables price earning ratio, leverage ratio,
return on equity and price to book value has a significant influence on Stock
price together was amounted to F calculated 3,896 > F table 2,61. From the t
test, each variables that significantly influence the Stock price were PER
(2,108 t calculate > t-table 2,021), ROE (2,654 t calculated > t-table
2,021. On the contrary, the variables
that were not impact significantly were LR (1,318 t calculated < t-table
2,021) and PBV (-3,141 t calculated > t-table -2,021). Based on these
results, obtained empirical evidence that could be considerated towards a more
in-depth study on Stock price. It would be interesting if further study pay
attention to the technical factors as well as policies set by the government.
KEYWORDS: insurance, stock
price, price earning ratio, and leverage ratio
Penulis: Sri Marniyati
Amarullah, Syamsul Hadi
Kode Jurnal: jpmanajemendd110428
