This study aims to analyze the effect of abnormal book tax differences, normal book tax difference, institutional ownership, and managerial ownership to the earnings relevance. The population in this study are all manufacturing companies listed in Indonesia Stock Exchange (BEI) in a row in 2013 and 2014. The sampling technique used purposive sampling. The number of manufacturing companies into a sample of 86 companies, bringing the total data in the study was 172 annual reports. The analytical method used is multiple linear regression using SPSS 16.0. The results showed that the normal book tax differences positively effects the earnings relevance with a significance level of 0.002. Institutional ownership positively effects the earnings relevance with a significance level of 0.020. Managerial ownership negatively effects the earnings relevance with a significance level of 0.000. Abnormal book tax differences do not effect the earnings relevance