Investment is a form of investment either carried out individually or in groups with the aim of obtaining profits from these activities. One of the sectors of concern in 2016-2021 is the telecommunications sector. The telecommunications sector became an excellent choice in investing in this period. This is based on the fact that in the current telecommunications era is the fastest growing sector due to the very rapid development of communication media coupled with the Covid-19 pandemic in The year 2020-2021 resulted in many of the people only being able to communicate using electronic media that requires signals from telecommunications companies. Before the investors decide to invest the funds they have they will do a fundamental analysis. The method used in this study is quantitative data that shows the value of ROA, DER, BVPS, PBV and stock price obtained from the companys financial statements. The sampling technique used is the Nonprobability Sampling technique of saturated sampling type. Saturated sampling is one of the sampling techniques that uses all members of the population as a sample. This happens because the population is relatively small and less than 30 populations. Then the number of samples to be studied amounted to 24 samples from 4 issuers. ROA, DER and BVPS have a significant influence on the PBV of Telecommunications sector companies contained in the LQ45 Period 2016-2021 and ROA and BVPS have a significant influence on the Stock Price of Telecommunications sector companies contained in the LQ45 Period 2016-2021 with PBV as the Intervening Variable. Meanwhile, DER has no influence on the Stock Price of Telecommunications sector companies contained in the LQ45 for the 2016-2021 Period with PBV as the Intervening Variable.

Stock Price

DER

ROA

BVS

PBV