This research aimed to examine the effect of the liquidity ratio, premium growth, net profit margin, and price to book value on stock prices. Dependent variable in this research was stock prices proxied by closing price. Independent variable in this research were liquidity ratio, premium growth, net profit margin, and price to book value. This research use secondary data analysis from financial statement or annual report of companies in Indonesia Stock Exchange. The population in this research was insurance companies in Indonesia Stock Exchange during 2010-2016 periods. This research used purposive sampling method, and obtained as many 70 samples from 10 companies. This research used multiple regression analysis method. The results of the analysis shown that price to book value a positive effect on stock prices. While liquidity ratio a negative effect on stock prices, and premium growth ratio, net profit margin has a positive effect on stock prices.