<p>As economies are becoming increasingly global, there is consistent stress on companies to boost their firms’ performance to efficiently compete in the global equity market for external capital, which is probably affected by market valuation. Therefore, this paper analyzes the effects of various macroeconomic elements like interest rate, inflation rate, and gross domestic product in emerging market economies towards the businesses’ performance through the market value of the firm over total assets. It analyzes the remarkable mean difference in the market value of various companies over the seven countries namely, Malaysia, Singapore, Hong Kong, Japan, Philippines, Vietnam, and Thailand. The study also examines the macroeconomic conditions proxies’ impact by Interest Rate, Gross Domestic Product, and Consumer Price Index, towards the proxy of the market value of the firm. It provides proof of unbalanced panel data analysis in analyzing the influences of macroeconomic factors illustrated using the interest rates, consumer price index, and gross domestic product to perform a proxy of the firms by market value of equity over the total assets along the listed firms across the seven nations. For impact analysis, the research employed multivariate regression. Multivariate regression results for pooled Ordinary Least Square and robust random effect, indicate that the inflation rate shows a negative significant impact towards the firm’s performance across the countries. The findings also confirm that there are positive impacts of the Gross Domestic Product and Consumer Price Index towards the firm’s performance. Furthermore, the pairwise correlation results demonstrate that in the data analysis, there is no issue of multicollinearity.</p>