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The Indonesian capital market recovered in 2021 after a decline due to the COVID-19 pandemic in 2020. The role of the capital market is crucial for economic growth, and investors need to pay attention to factors such as financial reports and company performance. Investors in LQ45 companies, consisting of 45 stocks with high liquidity, make selections based on transactions and market capitalization. This research focuses on the influence of Earning Per Share (EPS), Return On Assets (ROA), Debt to Equity Ratio (DER), and Price to Book Value (PBV) on the stock prices of LQ45 companies in the period 2018-2021. The research problem involves questions about the influence of each ratio on stock prices. The research objective is to examine the influence of these ratios. The results of the research are expected to provide important information for readers about the factors affecting stock prices and insights for researchers into the dynamics of the capital market. This research can also serve as a reference for further studies. The results of the analysis indicate that Earning Per Share (EPS), Return On Assets (ROA), Debt to Equity Ratio (DER), and Price to Book Value (PBV) significantly influence the stock prices of LQ45 companies.

The Covid-19 pandemic phenomenon also has an impact on the economic and business sectors. The IHSG trend has decreased since the Covid-19 pandemic case was announced. Rises and falls in share prices can be caused by financial performance factors. This research examines whether there is a difference in the influence of ROA on share prices both before and during the pandemic. The objects in this research are all telecommunications companies, with a purposive sampling method, the sample obtained in this research was 13 companies, namely telecommunications companies that published share prices before the Covid-19 pandemic as many as 13 and during the Covid-19 pandemic as many as 13. Using this method Simple linear regression shows that ROA has an effect on stock prices before the pandemic, and ROA has an effect on stock prices during the pandemic. ROA for telecommunications companies was 12.7% before the pandemic, increasing to 24.2% during the pandemic. This means that a pandemic event can increase the relationship between ROA and share prices.