This research report examines the relationship between earnings and share prices of corporations listed on the Nairobi Stock Exchange. It analyzes market variables and factors that influence share prices, such as EPS, DPS, P/E ratio, POR, and PBV. The study aims to identify the connections between share prices and factors that impact them, including government policies and industry performance. The findings suggest that DPS and PBV have a stronger relationship with share prices. The research provides insights for investors and contributes to the understanding of the Nairobi Stock Exchange.