This study aims to analyze the performance of PT Garuda Indonesia (Persero), Tbk Period of 2011-2017 due to the phenomenon of its stock price decreasing relative to the IPO price. Analysis of this study using the variables Current Ratio (CR), Debt to Equity Ratio (DER), Total Asset Turn Over (TATO), Return On Equity (ROE), Price Earning Ratio (PER), Market Value Added (MVA), and Company Size (Size). Based on the analysis, only the DER and MVA variables have a significant, the other variables have not significant. Where DER has negative effect and MVA has a positive effect on stock prices. R2 value of 0.7436 means 74.36% of the stock price is influenced by CR, DER, TATO, ROE, PER, MVA, and Size, while 25.64% is influenced by other factors. The results of the DER analysis is states that the greater the debt, the higher the risk that the company will bear. The results of MVA analysis is states that investors will be attracted to companies that have good MVA values. To increase stock prices, it is recommended that the GIAA need to reduce debt levels and increase MVA.