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The purpose of this study is as follows: 1) To examine the effect of ROA on Stock Returns; 2) To examine the effect of CR on Stock Returns; 3) To assess the effect of DER on Stock Returns; 4) To examine the effect of PER on Stock Returns; and 5) To examine the effect of PBV on Stock Returns. The type of research used in this study is casual associative research. The population in this study is Banking companies included in the Kompas 100 index listed on the Indonesia Stock Exchange (IDX) during the period 2012-2016. Sample selection using purposive sampling method. The analytical method used to test the hypothesis is a multiple regression test. The results of the study show that: 1) Return On Assets has a positive effect on Stock Return; 2) Current Ratio has a positive effect on Stock Return; 3) Debt to Equity Ratio negatively affects Stock Return; 4) Price Earnings Ratio has a positive effect on Stock Return; and 5) Price to Book Value does not affect Stock Return.
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To cite this article: Bintara, R., Tanjung P. R. S. (2019). Analysis of Fundamental Factors on Stock Return, International Journal of Academic Research in Accounting, Finance and Management Sciences 9 (2): 49-64.
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