Stock prices influenced by earnings and debt ratios in food sector.
The study aimed to see how earning per share and price earning ratio affect debt to equity ratio and stock prices in the food and beverage sector of the Indonesia Stock Exchange. They found that earning per share has a negative impact on debt to equity ratio, while price earning ratio has no significant effect. Earning per share influences stock prices negatively, while price earning ratio has a positive impact. Debt to equity ratio has a positive effect on stock prices. Earning per share indirectly affects stock prices through debt to equity ratio, as does price earning ratio.