Earning per share key to boosting stock prices for plantation companies
The study looked at how return on equity, debt to equity ratio, and earning per share affect the stock price of plantation companies in Indonesia from 2013 to 2017. They found that earning per share has a significant impact on stock price, while return on equity and debt to equity ratio do not. This suggests that companies with higher earnings per share tend to have higher stock prices. Additionally, companies in sectors like plantations may rely more on debt for funding, which can affect their return on equity and debt to equity ratio.