FINANCIAL RATIOS ON THE SHARE PRICES OF BUMN BANKING LISTED ON THE INDONESIA STOCK EXCHANGE (BEI) IN 2018-2022 WHAT IS THE IMPACT? (KEY IJP************737)

• Priyo Sudibyo,Edi Sugiarto,Maulidiyah Anggraini

Abstract

This research aims to determine and analyze the influence of financial ratios (Current Ratio, Return On Assets, Debt To Equity Ratio, and Total Assets Turnover) on stock prices. The object of this research is state-owned banks registered on the BEI in 2018 - 2022 and the sampling technique used in this research is saturated sampling, which means all population companies are included and used as samples of which there are 4 companies, namely BRI, MANDIRI, BNI, BTN . The data analysis techniques used are the classical assumption test (normality test, autocorrelation test, multicollinearity test, and heteroscedasticity test), multiple linear regression test, simultaneous test (F test), partial test (t test), and Coefficient of Determination test (Adjusted R2 ). The results of this research show that the Current Ratio has a significant positive effect on stock prices and the Debt To Equity Ratio has a significant negative effect on stock prices, while Return On Assets and Total Assets Turn Over have no effect and are not significant on stock prices. and together the Current Ratio (CR), Return On Assets (ROA), Debt To Equity Ratio (DER), Total Assets Turnover (TATO) influence the share prices of state-owned banks listed on the IDX in 2018 - 2022.