This study aims to test and obtain empirical evidence on the value relevance of accounting earnings, book value of equity and operating cash flows. This study also examines the increasing value relevance of accounting earnings, book value of equity and operating cash flow at each stage of IFRS, from the pre-adoption of IFRS (2010-2011), the adoption of IFRS phase 1 (2012-2014) and the adoption of IFRS phase 2 (2015-2016). The subjects in this study are all companies listed in Indonesia Stock Exchange (BEI) period 2010-2016. Sample selection in this research using purposive sampling method. Pursuant to purposive sampling method got 249 companies listed on BEI with observation period for seven years from 2010-2016. The analysis tool used to test the hypothesis in this research is multiple regression analysis using SPSS 15.0 program. The results show that accounting earnings and operating cash flow have a value relevance, while the book value of equity has no value relevance. This study also shows that there is an increase in the value relevance of accounting earnings at each stage of IFRS, while the value relevance of book value of equity and operating cash flow does not increase at every stage IFRS.