Financial ratios impact stock prices in Indonesia's food industry.
The research looked at how Earning Per Share, Price to Book Value, Dividend Payout Ratio, and Net Profit Margin affect stock prices in Indonesia's Stock Exchange. They studied food and beverage companies over five years and found that EPS, PBV, and DPR have a significant impact on stock prices. However, NPM did not show a significant effect during the study period. This means that these financial ratios can help investors make better decisions when investing in companies.