Factors Affecting Stock Prices in the LQ45 Index for the 2019-2023 Period

Abstract

This study aims to examine the factors that influence stock prices in the LQ45 index. This study uses a population of changes that are consistently included in the LQ45 index in 2019 - 2023 with a total sample size of 90. This study uses multiple linear regression analysis on SPSS 26 software. The results of this study indicate that inflation has no effect on stock prices, Price Earning Ratio (PER) has no effect on stock prices, Earning Per Share (EPS) has a positive effect on stock prices, Price To Book Value (PBV) has no effect on stock prices, and Dividend Payout Ratio (DPR) has no effect on stock prices.