Book Value, Earning Per Share and Stock Price

The purposes of this research were to examine: (1) The Effect of Book Value (BV) on Stock Prices, (2) The Effect of Earning Per Share (EPS) on Stock Prices, (3) The Effect of Book Value (BV) and Earning Per Share (EPS) on Stock Prices. Book Value (BV) and Earning Per Share (EPS) have an important role in stock prices. This research used secondary data from the annual financial statements of industrial sector companies listed on the Indonesia Stock Exchange for the period of 2018-2020 by using the purposive sampling method. There were 34 companies which fulfilled the sample criteria. This research used panel data regression analysis method. The results showed that Book Value (BV) had no effect on stock prices, while Earning Per Share EPS did. Meanwhile, simultaneously, both Book Value (BV) and Earning Per Share EPS had an influence on stock prices.