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The measurement of shareholder value creation has not been accurately and consistently explained. Several studies have been conducted to measure shareholder value creation, both accounting-based and economic-based. However, the results obtained from these studies are confusing and do not have the same results universally. This research is designed by grouping the companies according to the industry. The results of the study show that the appropriate measure in the healthcare industry represented by accounting measurements, meanwhile in the material and real estate industry is represented by economy measurement. In the health industry, the trigger factor is Cash Flow from Operating Activity, but in material and real estate industry the trigger factor is Economic Value Added. In the healthcare industry, management can optimize the company's operational scheduling and maximize the use of facilities in hospitals and minimize errors caused by healing and patient care activities. In the material industry, management must focus on product quality, corporate profitability and capital management. In the housing industry, management must evaluate projects, manage an effective supply chain system and focus on real estate development planning, sales strategies and an attractive credit strategy.