Pengaruh Leverage, Profitabilitas dan Likuiditas Terhadap Nilai Perusahaan Pada Perusahaan Sub Sektor Farmasi yang Terdaftar di Bursa Efek Indonesia Tahun 2015-2020

This study aims to examine the effect of leverage, profitability, and liquidity on firm value in the pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange in 2015-2020. This research uses descriptive research with associative/quantitative approach by using secondary data analysis in the form of financial statements of the company. The population used is the pharmaceutical sub-sector companies listed on the Indonesia Stock Exchange in 2015-2020. The number of companies that were sampled in this study were 10 companies with purposive sampling method. The analytical method used in this study is the classical assumption test, multiple linear regression analysis, coefficient of determination test (R2 test), F test (simultaneously), t test (partially) with the help of SPSS 25 software. The results of this study indicate that leverage and profitability have a significant negative effect on firm value, while liquidity has no and no significant effect on firm value.