The Research aims to determine the influence of the dividend policy, capital structure and profitability on the value of the companies of the pharmaceutical sub sectors listed on the Indonesia Stock Exchange period 2011 to 2018. The analytical techniques in this study used multiple linear regression. Sampling techniques using purposive sampling, with several criteria specified, have obtained as many as 5 companies samples. Research data is a secondary data obtained from the Indonesian Stock Exchange (IDX) from 2011 to 2018. The results of this study partially indicate that the dividend policy has a positive and insignificant effect on the company's value, a partial capital structure that is positively and insignificant to the company's value, and Profitability has been partially positive and significant to the value of the company. This indicates that the entire independent variable affecting the dependent variable is 21.5% and the remaining 78.5% is affected by other variables that are not researched
