Pengaruh Rasio Keuangan Terhadap Return Saham Perusahaan Property And Real Estate Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2019

Abstract

Penelitian ini bertujuan untuk mengetahui pengaruh rasio keuangan terhadap return saham perusahaan property and real estate yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2015-2019, baik secara parsial ataupun simultan. Rasio keuangan yang diteliti yaitu : current ratio (CR), debt to equity ratio (DER), return on asset (ROA) dan total asset turnover (TATO). Hasil penelitian ini menunjukan bahwa secara parsial variabel CR dan DER berpengaruh positif dan berpengaruh, sedangkan ROA berpengaruh negatif terhadap return saham. Secara simultan Variabel CR, ROA dan tato berpengaruh terhadap return saham. Hasil uji koefisien determinasi (Adjusted R2) sebesar 0,322, hal ini menujukkan bahwa variabel CR, DER, ROA dan TATO berpengaruh terhadap return saham pada perusahaan property and real estate periode 2015-2019 sebesar 32%.

This study aims to determine the effect of financial ratios on stock returns of property and real estate companies listed on the Indonesia Stock Exchange (IDX) during the 2015-2019 period, either partially or simultaneously. The financial ratios studied are: current ratio (CR), debt to equity ratio (DER), return on assets (ROA) and total asset turnover (TATO). The results of this study indicate that partially CR and TATO variables have a positive effect and DER has no effect, while ROA has a negative effect on stock returns. Simultaneously Variables CR, DER, ROA and tattoos affect stock returns. The results of the coefficient of determination test (Adjusted R2) are 0.322, this shows that the variables CR, DER, ROA and TATO affect stock returns in property and real estate companies for the 2015-2019 period by 32%.