One of the industrial sectors that plays an important role in efforts to improve the economy and sustainable development in the world is the mining sector. Although it has a fairly important role, this industry is faced with a challenge in managing various negative impacts that can pollute the environment and society. Conflicts that may arise are conflicts with the surrounding community caused by differences in perspective or perception of natural resources around the community. The views of investors regarding the level of company success are seen from how the enterprise value (EV) is. There is more than one way to view enterprise value, including using Price-to-Book Value (PBV) or Tobins'Q. This study aims to analyze the effects of stock prices, profitability and debt policies on enterprise value as measured from two perspectives, namely PBV and Tobins'Q in mining industry businesses listed on the IDX for the 2019-2023 period. The data analysis used is multiple linear regression. The results of this study found that stock prices, profitability and debt policies have a positive and significant effect on enterprise value as measured by PBV. Meanwhile, enterprise value measured by Tobins’Q is significantly influenced by stock prices and debt policies with a positive direction and profitability does not significantly affect enterprise value measured by Tobins’Q.