Pengaruh Return On Assets, Return On Equity, Debt To Equity Ratio, dan Price Earning Ratio terhadap Beta Saham Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia Periode 2021-2023

Abstract

This study aims to determine the effect of Return on Assets, Return on Equity, Debt to Equity Ratio, and Price Earning Ratio on Stock Beta of banking companies listed on the Indonesia Stock Exchange in 2021-2023. This research is casual research, which uses population data from manufacturing companies listed on the Indonesia Stock Exchange in 2021-2023. The sampling method used in this research is purposive sampling with 27 companies qualified the criteria as the sample from 81 observations. The results of the study show that Return on Assets has a positive significant effect on Stock Beta, Return on Equity has an significant negative effect on Stock Beta, Debt to Equity Ratio has a positive significant effect on Stock Beta, and Price Earning Ratio has a negative insignificant effect on Stock Beta in banking companies listed on the Indonesia Stock Exchange in 2021-2023 period.