Relationship between Financial Ratio and Stock Prices of Listed Companies in the Stock Exchange of Thailand: SET100

Abstract

The purpose of this research was to study the relationship between financial ratio and stock prices of listed companies in the Stock Exchange of Thailand: SET100. According to the Securities and Exchange Act B.E. 2535. Collects secondary data from annual financial reports (Form 56-1) since 2017 - 2021 of listed companies in the Stock Exchange of Thailand: SET100. Data analysis was a quantitative analysis. Using descriptive statistics, including mean and standard deviation. Hypothesis testing Pearson Correlation statistical analysis was used at a significance level of 0.05. The results of the research showed that current ratio, debt to equity ratio, receivable turnover rate, and the return on total assets is related to the stock price of a listed company on the Stock Exchange of Thailand: SET100 in the same direction at the level of statistical significance 0.05. Indicates that financial ratios are information that can be used for decision-making in investing in securities of interest efficiently.