PENGARUH ROA, ROE DAN EPS TERHADAP PERUBAHAN HARGA SAHAM INDUSTRI PERBANKAN

Abstract

Several variables were considered to have an influence on the change is the profitability of banks, so this study aimed todetermine the effect of ROA, ROE, and EPS to changes in thebanking industry stock prices.The selection of the sample usingpurposive sampling method, obtained a sample of five banks in theperiod of 2007-2011. Data were analyzed using descriptive statistics,Kolmogorov, Variance Inflation Factor and Tolerance, Durbin Watson,Spearman's Rho, the value of R square and F-test and t-test. Theresult can be concluded that simultaneously variables ROA, ROE,and EPS affect the banking industry stock price changes. The secondhypothesis testing that want to know partially independent variableshave an influence on the dependent variable showed that the resultsof ROA and EPS variables that affect the banking industry stock pricechanges, while the ROE variable has no effect on the bankingindustry stock price changes.Keywords: ROA, ROE, EPS, stock price changes.