The influence of price earnings ratio on stock prices at PT Bank Central Asia Tbk period 2016 - 2021

Janudin Janudin, Hestu Nugroho Warasto and Indah Lestari
Additional contact information
Janudin Janudin: Universitas Pamulang
Hestu Nugroho Warasto: Universitas Pamulang
Indah Lestari: Universitas Pamulang

Journal of Economics and Business Letters, 2023, vol. 3, issue 5, 18-22

Abstract: This study investigates the impact of the Price-Earnings Ratio (P/E Ratio) on the stock prices of PT Bank Central Asia Tbk during the period from 2016 to 2021. Utilizing financial reports from PT Bank Central Asia Tbk, this research employs both descriptive and quantitative methods to explore the relationship. Descriptive statistics, alongside simple and multiple regression analyses, were conducted using SPSS version 25 to analyze the data. Contrary to common assumptions in financial analysis, the findings reveal that the P/E Ratio has an insignificant influence on the stock prices of PT Bank Central Asia Tbk within the timeframe studied.

Keywords: Price Earnings Ratio; Stock Price (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journal.privietlab.org/download.php?id=553 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:prv:jeblpv:244

Ordering information: This journal article can be ordered from
https://journal.priv ... EBL/article/view/244

DOI: 10.55942/jebl.v3i5.244

Access Statistics for this article

More articles in Journal of Economics and Business Letters from Privietlab Research Center
Bibliographic data for series maintained by Mochammad Fahlevi ().