Text

PENGARUH RETURN ON ASSET (ROA) DAN RETURN ON EQUITY (ROE) TERHADAP HARGA SAHAM PADA PT. ULTRAJAYA TBK PERIODE 2003-2012

XML

Share :
• 
• 
• 
• 
• 
• 
• 

---

The aim of this research is to determine how Retum On Asset @OA), Return On Equity (ROE), and stock prices of the company and also to deterrnine the influence of Retum On Asset (ROA) and Retum On Equity @OE) toward stock prices on PT. Ultrajaya Tbk. This research was conducted by using descriptive method to collecting and analyzing data to achieve the research objectives. The analysis used in this study is Correlation Coefficient Analysis, Coefficient of Determination, Classical Assumption Test, and Regression Analysis to processing data of financial report PT. Liltrajaya Tbk. Based on the research results, obtained by analysis of correlation r = 0,631 means there is a strong and positive relationship between ROA on stock prices. Regression analysis produces constant al 556.71.I1 means, if thete is no value of ROA then the magnitude of the slock price is Rp. 557,-. Hypothesis Testing partial (t test) produc€s t*-, > tap is 2.299 > 1.895 which means that Hu is accepted that there are between ROA partial influence on stock prices. Based on the research results, obtained by analysis of correlation r = 0,627, meaning that there is a strong and positive correlation between ROE on stock prices' Regression analysis produces constant tt 554.402. It means, if there is no value of ROE is the magnitude of the sock price is Rp. 554,-. Hypothesis Testing partial (t rcst) produces L*nt ) tr,ur is 2.27 5 > 1.895 which means that H" is acccpted that there is a partial influence betwEen ROE on stock prices . Based on the research results, obtained by analysis of correlation r = 0,639, meaning tlat there is a suong and positive relationship between ROA and ROE on stock prices. Regression analysis pmduces constant of 573,5. It means, if there is no value of ROA and ROE of the maeoitude of the stock price is Rp. 574,-. Simultaneous Hypothesis Testing (tes F) produce F-* > F,rur. is2.4l7 < 4.74 which means H' rejected and there's no simultanoous ef[ect between ROA and ROE on stock prices.