The Influence of EPS, ROE, DER, and GDP on Stock Price in the Mining Sector Period 2019 – 2022

Moses Hendricks Tharob, Didit Herlianto

Abstract


The purpose of this study was to analyze the effect of Earnings per Share (EPS), Return on Equity Ratio (ROE), Debt to Equity Ratio (DER), and Gross Domestic Product (GDP) on Mining Sector Stock Prices for the 2019 - 2022 period. The data was collected employing secondary data obtained from the official website of the Indonesian Stock Exchange (IDX) and the financial statements of each research object company. Methods of data analysis include descriptive analysis and quantitative analysis using multiple linear regression. The results of this study found that: EPS, ROE, DER, and GDP have a jointly significant effect on Mining Sector Stock Prices for the 2019 - 2022 period. EPS and ROE partially have a positive and significant effect on Mining Sector Stock Prices for the 2019 - 2022 period. Meanwhile, DER and GDP partially have no significant effect on Mining Sector Stock Prices for the 2019 – 2022 period.

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