THE EFFECT OF RETURN ON EQUITY, EARNING PER SHARE, AND DEBT TO EQUITY RATIO ON SHARE PRICES OF TECHNOLOGY SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2020-2024

Authors

  • Sundari Universitas Malikussaleh ID
  • Rico Nur Ilham Universitas Malikussaleh ID
  • Jummaini Universitas Malikussaleh ID
  • Zulfan Universitas Malikussaleh ID
  • Frengki Putra Ramansyah Universitas Battuta ID

Keywords:

Return on Equity, Earning per Share, Debt to Equity Ratio, Stock price

Abstract

This study aims to determine the effect of return on equity, earning per share, and debt to equity ratio on stock price in technology sector companies listed on the Indonesia stock Exchange in 2020-2024. The population in this study were technology sector companies listed on the Indonesia Stock Exchange in 2020-2024. The research sample consisted of 17 technology sector companies obtained using apurposive sampling technique. The data collection technique used was  documentation . Data analysis was conducted using panel data regression analysis using e-views. The result showed that partially the return on equity variabel had no negative and insignificant effect on stock price. The earning per share variable had a positive and significant effect on stock price. The debt to equity ratio variable had no positive and insignificant effect on stock price in technology sector companieslisted on the Indonesia Stock Exchange in 2020-2024.

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Published

2026-10-25

How to Cite

Sundari, Rico Nur Ilham, Jummaini, Zulfan, & Frengki Putra Ramansyah. (2026). THE EFFECT OF RETURN ON EQUITY, EARNING PER SHARE, AND DEBT TO EQUITY RATIO ON SHARE PRICES OF TECHNOLOGY SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE IN 2020-2024. Journal of Accounting Research, Utility Finance and Digital Assets, 5(2), 1038–1044. Retrieved from https://jaruda.id/index.php/go/article/view/385

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