The growing number of the IHSG exactly to the March 2021, that reach up to 6,356.16
even when it is the pandemic year of 2020. Thus, the increases of total company listed,
market capitalization and traded volume, therefore the increases of investors. And each day,
the stock price could be affected by both internally and externally. Making the investors
need to have a careful consideration on making an investment. According to (Daniswara &
Daryanto, 2020), stock prices are more sensitive towards the external condition that can’t
be controlled, that’s why, to minimize the risk, investors need to analyze the company by
using one of the method, fundamental analysis. By using one of the instruments of
fundamental analysis, financial ratio, that consists of ROA, ROE, DER, PER and PBV. The
data that will be used for the research is secondary data, from the annual statement of LQ-
45 companies that stay throughout the time of 2010-2020, which is 17 companies. This
research found that ROA, ROE, DER, PER and PBV as the independent variables affecting
the dependent variable, stock price return altogether. While partially, only PBV has the
positive effect on stock return.