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Automotive Industry is an industry with activities of designing, developing, producing, marketing and selling as well as carrying out after-sales of motorized vehicles. Along with the times and the current era of globalization, business competition between companies, especially automotive companies, has become very tight. The purpose of this study was to determine the effect of Debt to Equity Ratio and Return on Assets on Price To Book Value in automotive sub-sector manufacturing companies for the 2015-2020 period. The research method used is a quantitative method with a descriptive and verification approach. The data source used is secondary data. In this study, the population used is the annual financial statements of Indonesian automotive companies during the 2015-2019 period, with purposive sampling as a sample. It is known for each value of Current Ratio, Debt to Equity Ratio and Return on Assets based on descriptive analysis, namely (1) Current Ratio means 1.71% and standard deviation is 0.975%(2) Debt to Equity Ratio has a mean of 1.55% and a standard deviation of 1.053%(3) Return on Assets has a mean of 7.50% and a standard deviation of 8.47%(4) Price to Book Value has a mean of 1.12% and a standard deviation of 1.21%. The results showed that Price to Book Value and Debt to Equity Ratio were in the healthy category, Current Ratio and Return On Assets were in the unhealthy category. From the results of the regression test, which shows that the Current Ratio has a significant effect on Price to Book Value with a contribution of 74.8%, Debt to Equity Ratio has an effect on Price to Book Value with a contribution of 65 …