Conference UHAMKA
Proceedings UHAMKA

The Influence of Company Size, Profitability, and Market Ratios on Stock Prices

Date Published : 12 April 2024

Contributors

Eti Rochaeti, Ananda Hilsa Salsabila, Ade Maya Saraswati, Fitrisia

Author

Keywords

Firm Size Profitability Market Ratio Stock Price

Proceeding

The 2nd International Conference and Innovation Exhibiti on Global Education (ICEGE)

Track

General Track

License

Copyright (c) 2024 Proceedings UHAMKA

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Abstract

This research is motivated by the phenomenon of stock price fluctuations in the property and real estate sector that are not always in line with the fundamental performance of companies, raising questions about the relevance of internal factors in influencing stock performance. The purpose of this study is to examine the effect of firm size, profitability, and market ratio on stock prices, both partially and simultaneously. The research employs a quantitative method with purposive sampling on 8 property and real estate companies listed on the Indonesia Stock Exchange (IDX) during the 2020–2024 period. Data analysis was conducted using descriptive statistics, multiple linear regression, classical assumption tests, and hypothesis testing with the assistance of SPSS version 26. The results indicate that firm size has a significant positive effect on stock prices, while profitability and market ratio do not show a significant effect. Simultaneously, firm size, profitability, and market ratio significantly affect stock prices. This study is expected to provide input for companies in improving their fundamental performance, for investors as an investment consideration, and for future research by adding other variables, expanding the sample, and using a longer observation period to obtain more comprehensive results.

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How to Cite

Eti Rochaeti, Ananda Hilsa Salsabila, Ade Maya Saraswati, Fitrisia, E. R. A. H. S. A. M. S. F. (2024, April 12). The Influence of Company Size, Profitability, and Market Ratios on Stock Prices. Proceedings UHAMKA. https://conferences.uhamka.ac.id/uhamka/paper/view/186