PENGARUH PRICE EARNING RATIO DAN DIVIDEND PAYOUT RATIO TERHADAP HARGA SAHAM PADA PT BFI FINANCE INDONESIA Tbk PERIODE 2015-2024

Dina Nurul Khotijah; Siti  Nurcahayati

doi:10.53067/bmj.v3i1.97

Authors

Dina Nurul Khotijah Universitas Pamulang
Siti Nurcahayati Universitas Pamulang

DOI:

https://doi.org/10.53067/bmj.v3i1.97

Keywords:

Price Earning Ratio; Dividend Payout Ratio; dan Harga Saham, Price Earning Ratio;Dividend Payout Ratio;and Stock Price

Abstract

The purpose of this research is to determine the effect of the Price Earning Ratio (PER) and Dividend Payout Ratio (DPR) on stock prices at PT. BFI Finance Indonesia Tbk during the period of 2015-2024, both partially and simultaneously. The research method used is quantitative analysis with statistical analysis techniques. Data testing includes classical assumption tests, multiple linear regression tests, coefficient of determination analysis, and hypothesis testing. The results of this study show that the Price Earning Ratio (PER) partially affects the stock price at PT. BFI Finance Indonesia Tbk during the period of 2015-2024, with a t-test result of t count 3.876 > t table 2.365, meaning that H01 is rejected and Ha1 is accepted. The Dividend Payout Ratio (DPR) does not have a significant partial effect on the stock price at PT. BFI Finance Indonesia Tbk during the period of 2015-2024, as indicated by the t-test result where t count is 2.009 < t table 2.365, meaning that H02 is accepted and Ha2 is rejected. However, simultaneously, the Price Earning Ratio (PER) and Dividend Payout Ratio (DPR) significantly affect the stock price at PT. BFI Finance Indonesia Tbk during the period of 2015-2024, with a coefficient of determination test result of 68.4%, and the remaining 31.6% is influenced by other factors. The F-test result shows f count 7.570 > f table 4.737, meaning that Ha3 is accepted and H03 is rejected.

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