This study aims to determine the effect of profitability, liquidity, solvency, activity and firm size on firm value. The population in this study are food and beverage sub-sector manufacturing companies listed on the Indonesian stock exchange in 2019-2021. While the samples obtained were 28 companies. The technique of determining the sample using a purposive sampling technique, the research method is a quantitative method. This study uses the Package For Social Science Statistical Software (SPSS 22). The results showed that profitability had no effect on firm value with a significance value of 0.229> 0.05, solvency had no effect on firm value with a significance value of 0.0.243> 0.05, liquidity had no effect on firm value with a significance value of 0.525 > 0.05, activity has an influence on firm value with a significance value of 0.034 <0.05, and firm size has no effect on firm value with a significant value of 0.081 > 0.05, while simultaneously the independent variables affect the dependent variable with significant value 0.040 <0.05.
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