It does not assert anything about things as they are. It manifests a man's affective response to definite conditions of the universe as compared with other definite conditions. Value is not intrinsic. It is not in things and conditions but in the valuing subject. It is impossible to ascribe value to one thing or state of affairs only.
Valuation invariably compares one thing or condition with another thing or condition.
It grades various states of the external world. It contrasts one thing or state, whether real or imagined, with another thing or state, whether real or imagined, and arranges both in a scale of what the author of the judgment likes better and what less. It may happen that the judging individual considers both things or conditions envisaged as equal. He is not concerned whether there is A or B . Then his judgment of value expresses indifference.