The stock price is an indicator of firm value to consider in making investment decisions. Enterprise Value reflected on the fundamental condition of a company that views the company\u0026#39;s financial statements. Information content in financial reports is one of the relevant information to investors as a basis for decision making and assessment of whether the investors will make transactions in the capital market. Such information is simply seen in the financial ratios that describe the company\u0026#39;s financial condition.