The purpose of this study is to examine the effect of capital structure proxyed with Dept to Equity Ratio (DER) and profitability which proxied with Return On Assets (ROA) to Company Value projected with Price Book Value (PBV) with Managerial Ownership as a moderating variable, empirical studies on Manufacture Companies listed on the Indonesia Stock Exchange in 2012-2016. This research uses sampling technique that is using purposive sampling so that 115 samples in Manufacture Companies listed in Indonesia Stock Exchange year 2012- 2016. The method of analysis of this study using Moderated Regression Analysis (MRA) using an analysis tool that is SPSS 21. The results of this study states that: Capital Structure has a significant positive effect to Corporate Value. Profitability has a significant positive effect on Corporate Value. Managerial Ownership strengthens the influence of Capital Structure on Corporate Value and Managerial Ownership strengthens the influence of Profitability on Corporate Value.