Dampak NPM, ROE, PER, dan EPS terhadap Harga Saham: Studi Empiris pada Subsektor Perbankan BBCA, BBRI, dan BMRI di BEI Tahun 2020–2023

  • Mochamad Riski Fajar Kurniawan UIN Maulana Malik Ibrahim Malang

Abstract

Penelitian ini bertujuan untuk mengkaji pengaruh Net Profit Margin (NPM), Return on Equity (ROE), Earnings per Share (EPS), dan Price Earning Ratio (PER) terhadap harga saham pada perusahaan subsektor perbankan yang terdaftar di Bursa Efek Indonesia periode 2020–2023. Penelitian ini menggunakan metode kuantitatif dengan melibatkan tiga emiten perbankan besar yaitu PT Bank Central Asia Tbk (BBCA), PT Bank Rakyat Indonesia Tbk (BBRI), dan PT Bank Mandiri Tbk (BMRI) sebagai sampel yang dipilih secara purposive. Data diperoleh melalui dokumentasi laporan keuangan dan harga saham penutupan tahunan. Teknik analisis data menggunakan regresi linier berganda dengan bantuan software IBM SPSS Statistics 25. Hasil penelitian menunjukkan bahwa secara simultan keempat variabel fundamental memiliki pengaruh signifikan terhadap harga saham. Namun secara parsial, NPM, ROE, EPS, dan PER tidak memiliki pengaruh signifikan terhadap harga saham secara individu.

Downloads

Download data is not yet available.

References

Adelia, D., & Elly, Moh. I. (2025). Pengaruh NPM, ROA, ROE, dan Ukuran Perusahaan Terhadap Harga Saham Perusahaan Yang Tergolong Dalam Indeks LQ45. ECo-Fin, 7(2), 1197–1207. https://doi.org/10.32877/ef.v7i2.2420

Alita, D., Putra, A. D., & Darwis, D. (2021). Analysis of Classic assumption test and multiple linear regression coefficient test for employee structural office recommendation. IJCCS (Indonesian Journal of Computing and Cybernetics Systems), 15(3), 295–306.

Badan Pusat Statistik. (2021). Pertumbuhan Ekonomi Indonesia Tahun 2020. www.bps.go.id

Brigham, E. F., & Houston, J. F. (2009). Dasar-Dasar Manajemen Keuangan. Salemba Empat.

Bursa Efek Indonesia. (2023). Ringkasan Kinerja Emiten Sektor Perbankan 2020–2023. IDX. www.idx.co.id

Darmadji, T., & Fakhruddin, H. M. (2012). Pasar Modal di Indonesia (Edisi Ketiga). Salemba Empat.

de Keizer, H., Pringgabayu, D., & Hardiyanti, S. D. (2020). Pengaruh analisis fundamental terhadap harga saham pada industri otomotif di Bursa Efek Indonesia periode 2013–2017. Tirtayasa Ekonomika, 15(2), 210–223. https://doi.org/10.35668/tirtayasa.v15i2.7941

Fahmi, I. (2012). Analisis Laporan Keuangan. Alfabeta.

Hanafi, M. M., & Halim, A. (2012). Analisis Laporan Keuangan. UPP STIM YKPN.

Jogiyanto, H. (2013). Teori Portofolio dan Analisis Investasi. BPFE.

Keown, A. J., Martin, J. D., & Petty, J. W. (2020). Foundations of finance: The logic and practice of financial management (10th ed.). Pearson.

Otoritas Jasa Keuangan. (2022). Laporan Tahunan OJK 2022.

Pertama Husda, A. (2022). SEIKO : Journal of Management & Business Analisis Pengaruh ROE, NPM, dan EPS terhadap Harga Saham Perusahaan yang Terdaftar di Bursa Efek Indonesia. SEIKO : Journal of Management & Business, 5(2), 573–580.

Riski, M., Kurniawan, F., & Retnasih, N. R. (2024). The Impact of Financial Literacy and Fintech Adoption on Personal Financial Management Among University Students. Proceeding Accounting, Management, Economics Uniska, 1(1), 639–652.

Rumiatiningsih, Kusno, H., & Ghozi, S. (2021). Pengaruh Rasio Profitabilitas Dan Penilaian Terhadap Harga Saham (Studi Kasus Pada Bank Yang Terdaftar Di Bursa Efek Indonesia Periode 2016-2020). JBK Jurnal Bisnis Dan Kewirausahaan, 17(3). http://ojs.pnb.ac.id/index.php/JBK

Skudlarski, P., Constable, R. T., & C. Gore, J. (1999). ROC Analysis of Statistical Methods Used in Functional MRI: Individual Subjects. NeuroImage, 9, 311–329.

PlumX Metrics

Published
2025-10-20
How to Cite
Kurniawan, M. R. (2025). Dampak NPM, ROE, PER, dan EPS terhadap Harga Saham: Studi Empiris pada Subsektor Perbankan BBCA, BBRI, dan BMRI di BEI Tahun 2020–2023. Maliki Interdisciplinary Journal, 3(9), 324-337. Retrieved from https://urj.uin-malang.ac.id/index.php/mij/article/view/16601
Issue
Vol 3 No 9 (2025): SEPTEMBER
Section
Articles

Copyright (c) 2025 Mochamad Riski Fajar Kurniawan

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Authors who publish with this journal agree to the following terms:

  • Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work’s authorship and initial publication in this journal.
  • Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal’s published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
  • Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.