- Excel Functions - Home
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- FIND Function
- FINDB Function
- FIXED Function
- LEFT Function
- LEFTB Function
- LEN Function
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- LOWER Function
- MID Function
- MIDB Function
- NUMBERVALUE Function
- PHONETIC Function
- PROPER Function
- REPLACE Function
- REPLACEB Function
- REPT Function
- RIGHT Function
- RIGHTB Function
- SEARCH Function
- SEARCHB Function
- SUBSTITUTE Function
- T Function
- TEXT Function
- TEXTAFTER Function
- TEXTBEFORE Function
- TEXTJOIN Function
- TEXTSPLIT Function
- TRIM Function
- UNICHAR Function
- UNICODE Function
- UPPER Function
- VALUE Function
- VALUETOTEXT Function
- Date & Time Functions
- Date & Time Functions
- DATE Function
- DATEDIF Function
- DATEVALUE Function
- DAY Function
- DAYS Function
- DAYS360 Function
- EDATE Function
- EOMONTH Function
- HOUR Function
- ISOWEEKNUM Function
- MINUTE Function
- MONTH Function
- NETWORKDAYS Function
- NETWORKDAYS.INTL Function
- NOW Function
- SECOND Function
- TIME Function
- TIMEVALUE Function
- TODAY Function
- WEEKDAY Function
- WEEKNUM Function
- WORKDAY Function
- WORKDAY.INTL Function
- YEAR Function
- YEARFRAC Function
- Cube Functions
- Cube Functions
- CUBEKPIMEMBER Function
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- COMPLEX Function
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- OCT2DEC Function
- OCT2HEX Function
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- Financial Functions
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- AMORLINC Function
- COUPDAYBS Function
- COUPDAYS Function
- COUPDAYSNC Function
- COUPNCD Function
- COUPNUM Function
- COUPPCD Function
- CUMIPMT Function
- CUMPRINC Function
- DB Function
- DDB Function
- DISC Function
- DOLLARDE Function
- DOLLARFR Function
- DURATION Function
- EFFECT Function
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- FVSCHEDULE Function
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- ISPMT Function
- MDURATION Function
- MIRR Function
- NOMINAL Function
- NPER Function
- NPV Function
- ODDFPRICE Function
- ODDFYIELD Function
- ODDLPRICE Function
- ODDLYIELD Function
- PDURATION Function
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- HLOOKUP Function
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- INDEX Function
- INDIRECT Function
- LOOKUP Function
- MATCH Function
- OFFSET Function
- ROW Function
- ROWS Function
- RTD Function
- TRANSPOSE Function
- VLOOKUP Function
- Statistical Functions
- Statistical Functions
- AVEDEV Function
- AVERAGE Function
- AVERAGEA Function
- AVERAGEIF Function
- AVERAGEIFS Function
- BETA.DIST Function
- BETA.INV Function
- BINOM.DIST Function
- BINOM.DIST.RANGE Function
- BINOM.INV Function
- CHISQ.DIST Function
- CHISQ.DIST.RT Function
- CHISQ.INV Function
- CHISQ.INV.RT Function
- CHISQ.TEST Function
- CONFIDENCE.NORM Function
- CONFIDENCE.T Function
- CORREL Function
- COUNT Function
- COUNTA Function
- COUNTBLANK Function
- COUNTIF Function
- COUNTIFS Function
- COVARIANCE.P Function
- COVARIANCE.S Function
- DEVSQ Function
- EXPON.DIST Function
- F.DIST Function
- F.DIST.RT Function
- F.INV Function
- F.INV.RT Function
- F.TEST Function
- FISHER Function
- FISHERINV Function
- FORECAST Function
- FORECAST.ETS Function
- FORECAST.ETS.CONFINT Function
- FORECAST.ETS.SEASONALITY Function
- FORECAST.ETS.STAT Function
- FORECAST.LINEAR Function
- FREQUENCY Function
- GAMMA Function
- GAMMA.DIST Function
- GAMMA.INV Function
- GAMMALN Function
- GAMMALN.PRECISE Function
- GAUSS Function
- GEOMEAN
- GROWTH
- HARMEAN
- HYPGEOM.DIST
- INTERCEPT Function
- KURT Function
- LARGE Function
- LINEST Function
- LOGEST Function
- LOGNORM.DIST Function
- LOGNORM.INV Function
- MAX Function
- MAXA Function
- MAXIFS Function
- MEDIAN Function
- MIN Function
- MINA Function
- MINIFS Function
- MODE.MULT Function
- MODE.SNGL Function
- NEGBINOM.DIST Function
- NORM.DIST Function
- NORM.INV Function
- NORM.S.DIST Function
- NORM.S.INV Function
- PEARSON Function
- PERCENTILE.EXC
- PERCENTILE.INC
- PERCENTRANK.EXC
- PERCENTRANK.INC
- PERMUT
- PERMUTATIONA
- PHI
- POISSON.DIST
- PROB
- QUARTILE.EXC
- QUARTILE.INC
- RANK.AVG
- RANK.EQ
- RSQ
- SKEW
- SKEW.P
- SLOPE
- SMALL
- STANDARDIZE
- STDEV.P
- STDEV.S
- STDEVA
- STDEVPA
- STEYX
- T.DIST
- T.DIST.2T
- T.DIST.RT
- T.INV
- T.INV.2T
- T.TEST
- TREND
- TRIMMEAN Function
- VAR.P Function
- VAR.S Function
- VARA Function
- VARPA Function
- WEIBULL.DIST Function
- Z.TEST Function
- Web Functions
- Web Functions
- ENCODEURL Function
- FILTERXML Function
- WEBSERVICE Function
Excel - VALUE Function
VALUE Function
The Excel VALUE function transforms a text string transparently written in numbers into a quantitative value. Its hidden qualities work perfectly with the DATE/TIME and quickly alter the input text into numeric values; inconsistent errors are removed if a number is in text form, whereas other Excel functions generate errors instead of producing accurate results. Multiple case scenarios like stock text data, data correction in Excel reports loaded from the external website, compliance reporting, and custom data reporting where the VALUE function can empirically be used.
Compatibility
This Advanced Excel function is compatible with the following versions of MS-Excel −
- Excel for Microsoft 365
- Excel for Microsoft 365 for Mac
- Excel for the web
- Excel 2024
- Excel 2024 for Mac
- Excel 2021
- Excel 2021 for Mac
- Excel 2019
- Excel 2016
- Excel 2013
- Excel 2010
- Excel 2007
Syntax
The syntax of the VALUE function is as follows −
=VALUE(text)
Arguments
You can use the following arguments with the VALUE function −
| Argument | Description | Required / Optional |
|---|---|---|
| Text | A cell reference that points to a string or an input string that must be surrounded in the double quotation. | Required |
Points to Remember
- A numeric value or date/time can be specified in the VALUE function's first argument(TEXT). However, the Date and Number formatting would disappear.
- If you specify the text value in the first argument, the VALUE function will retrieve the #VALUE!
- If the cell reference inside the Text argument points to the null value, the VALUE function returns 0 value.
Examples of VALUE Functions
Practice the following example to learn the use of the VALUE function in Excel.
Example 1: How to Apply the VALUE Function in the Excel Worksheet
Solution
Step 1 − First, consider the sample Excel worksheet consisting of two columns titled "Input Text" and"VALUE Function". The different text types are showcased in the B column with cell B3:B6. You also have to calculate the VALUE function corresponding to these input values.
Step 2 − After that, select the cell range C3:C6 and write the expression "=VALUE(B3)" in the formula box.
Step 3 − Furthermore, you can press the "ctrl+enter" keys from the keyboard, which populates the computed results in one go in the selected cell range C3:C6.
As you can notice in the above screenshot, the date and time formatting is diminished after evaluating the VALUE function in the C4, C5, and C6 cells.
Example 2
If you specify the text value in the first argument, the VALUE function will retrieve the #VALUE!
Solution
You may write the formula =VALUE("harrie") in the B3 cell and press Enter.
Therefore, the VALUE function will return the #VALUE! error. You can edit the text value to the numeric value in the first argument to get an accurate result.
Example 3
If the cell reference inside the Text argument points to the null value, the VALUE function returns the value to 0.
Solution
Enter the formula "=VALUE(A3)" in the B3 cell and hit the Enter tab. Here, the A3 cell's value is empty.
Hence, the VALUE function will produce the result of 0 as an empty value.
Download Practice Sheet
You can download and use the sample data sheet to practice the VALUE function.
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