RELEVANSI NILAI SELISIH LOANS BOOK VALUE DAN LOANS FAIR VALUE, BOOK VALUE PER SHARE, DAN EARNINGS PER SHARE TERHADAP HARGA SAHAM PERUSAHAAN PERBANKAN DI INDONESIA

Abstract

The goal of this research is to analyze the effect of the difference of loans book value and
loans fair value, book value per share, and earnings per share to stock price on banks in
Indonesia. The objects are 29 conventional banks which are listed in Indonesia Stock
Exchange during 2015-2018 with 116 samples. The data used in this research is secondary
data obtained from Indonesia Stock Exchange (www. idx.co.id). The hypothesis testing
method are multiple linear regression analysis techniques using SPSS (Statistical Product
and Service Solutions) application. After testing, the final results of the study showed that
the difference between the loan book value and loans fair value with a significance value
(sig. 0.760> 0.05) had no effect on stock prices, earnings per share with a significance value
(sig. 0.166> 0.05) no effect on stock prices, while for the variable book value per share with
a significance value (sig. 0,000 <0.05) affect the stock price.