The Effect of Return on Equity (ROE) and Earning Per Share (EPS) on the Stock Price of PT Unilever Indonesia

Jamal Hanaffy
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Jamal Hanaffy: Lecturer of Postgraduate Directorate, Universitas Mitra Bangsa, Jakarta-Indonesia

International Journal of Research and Innovation in Social Science, 2024, vol. 8, issue 4, 898-905

Abstract: The purpose of this study was to determine the effect of Return on Equity (ROE) and Earning Per Share (EPS) on stock prices at PT Unilever Indonesia Tbk for the period 2012-2022. The sample in this study is the financial data of PT Unilever Indonesia Tbk for the period 2012 to 2022 totaling 44 data. The analysis technique used is multiple linear regression analysis. The results showed that Return on Equity (ROE) and Earning Per Share (EPS) had an effect on the share price of PT Unilever Indonesia Tbk for the period 2012-2022. The results of hypothesis testing state that Return on Equity (ROE), and Earning Per Share (EPS) together (simultaneously) have a significant influence on stock prices at PT Unilever Indonesia Tbk for the period 2012-2022. Simultaneously, ROE and EPS affect the stock price of PT Unilever Indonesia Tbk by 0.518 or 51.80%.

Date: 2024
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