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( Relative ethic value) Philosophic or ethic value is a property of objects, including physical objects as well as abstract objects (e.g. actions), representing their degree of importance. The study of it is included in value theory.

An object with ethic or philosophic value may be termed an ethic or philosophic good.

There is a distinction between relative (or personal or cultural value) and absolute (or noumenal) value (not to be mixed with mathematical absolute value). Relative value is subjective, depending on individual and cultural views, and is therefore synonymous with personal and cultural value. Absolute value, on the other hand, is philosophically absolute and independent of individual and cultural views, as well as independent on whether it discovered or not what object has it.

Relative value may be regarded as an experience by subjects of the absolute value. Relative value varies with individual and culture while absolute value, on the other hand, is the same, regardless of the experience of individuals.

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