Scholars Bulletin (SB)
Volume-5 | Issue-08 | Sch Bull, 2019; 5(8): 444-451
Research Article
Fundamental Factors and Stock Prices: Evidence from Indonesia Oil and Gas Companies
Andam Dewi Syarif
Published : Aug. 30, 2019
Abstract
The purpose of this research is to find out the influence of various fundamental factors (EPS, PER, PBV, DER) in determining the stock price of oil and gas companies listed on the Indonesia Stock Exchange period 2012-2017. The population in this research was 10 companies and the sample in this study consists of 7 oil and gas companies in Indonesia Stock Exchange (BEI) selected based on specific criteria using purposive sampling method. The method of analysis used in this research is panel data regression. The results showed EPS, PER, PBV & DER simultaneously significantly influence the stock price. Partially EPS have a positive and significant effect on stock price, while PBV PER and DER have no effect on stock price in oil and gas companies listed on the Indonesia Stock Exchange period 2012-2017.