PENGARUH EARNING PER SHARE, PRICE EARNING RATIO, DAN RETURN ON EQUITY TERHADAP TINGKAT PENGEMBALIAN SAHAM (STUDI KASUS PADA PERUSAHAAN SEMEN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2006-2009)

Abstract

One of the easiest ways to asses a company’s financial performance is to look at their income level. The size of the company’s ability to ge-narate profits can be seen from the ratio profitability ratio and using the techniques of fundamental analysis of earning per share (EPS) and Price Earning Ratio (PER) as its main component. The unit analysis chosen is the existing shares in the companies of cement during 4 periods of observation is 2006-2009. According to Indonesia Capital Market Directory, there are three companies that are always listed on the the stock Exchange Indonesia, PT Semen Gresik, PT Indocement, and Holcim Indonesia during the period 2006-2009. Penelitian uses a population of firms in the field of cement industry are listed on The Indonesia Stock Exchange. Way of sampling with the sampling tech-nique that is saturated sampling technique by making all members of the population being sampled. In the case of all the cement industry are listed on the Indonesia Stock Exchange in the period 2006-2009. The result simultaneously (test- F), all independent variables signi-ficantly influence the rate of raturn on the stock sig F < α = 0,05, where a partial (test-t), EPS and PER variables significantly affect the rate of raturn on stocks, while the ROE variable does not affect the rate of return on stock. While the relationship and the contibution of EPS (X1), PER (X2) and ROE (X3) simultaneously with the stock return (Y) is equal to 92,2 %.