This study ains to determine the effect of profitability proxied by Return On Assets (ROA), Capital Adequacy proxied by Capital Adequacy Ratio (CAR), Liquidity proxied by Loan to Deposit Ratio (LDR), Credit Risk proxied by Non Performing Loan (NPL) and Efficiency proxied by operating costs and net income (BOPO) with firm value indicated by Price to Book Value (PBV). The population in this study is the banking subsector company listed on the Indonesia Stock Exchange in the period of 2016-2018. The sampling technique used is probability sampling. Using e-views program 10.0. The results showed that capital adequacy had a possitive effect on value of the firm, while profitability, liquidity, credit risk and efficiency did not effect the value of the firm.