This study aims to determine the effect of profitability, stock prices, inflation rates, liquidity on firm value. The population in this study is industrial companies listed on the Indonesia Stock Exchange in 2017-2021. The sample selection using purposive sampling technique and obtained as many as 13 companies, with a total of 65 data in accordance with the criteria. The data analysis method used is multiple linear regression analysis. The results of this study indicate that profitability, stock prices, liquidity have no effect on firm value. While the inflation rate has a positive effect on firm value.