Pengaruh Struktur Modal dan Profitabilitas Terhadap Nilai Perusahaan PT Kalbe Farma Tbk. Yang Terdaftar di Bursa Efek Indonesia Periode 2020-2024

This study aims to determine the effect of capital structure on firm value at PT Kalbe Farma Tbk listed on the Indonesia Stock Exchange for the period 2020-2024, the effect of profitability on firm value at PT Kalbe Farma Tbk listed on the Indonesia Stock Exchange for the period 2020-2024, and the effect of capital structure and profitability on firm value of PT Kalbe Farma Tbk for the period 2020-2024. The method used in this research is an associative quantitative approach, which focuses on the relationship between variables. The data used is secondary data in the form of quarterly financial reports of PT Kalbe Farma Tbk. which is listed on the Indonesia Stock Exchange (IDX) during the period 2020-2024. The results showed that partially capital structure has a positive and significant effect on firm value, while profitability partially has no effect on firm value. Simultaneously, capital structure and profitability have no significant effect on firm value.