Value is an economic concept. Value is a hypothetical price.
The value assumes that there is no compulsion in the negotiation, that the parties have equal knowledge and skills, there are no special interests for buying and selling, emotions or reckless acts are not considered, the parties are independent and payment is in cash.
Price is the currency amount paid for the asset or company.
The price may be influenced by compulsion, the parties do not need to have equal knowledge and skills, there may be special interests, there may be reckless emotions or acts, the parties may not be independent, there may be sentimental value, there may be other forms of payment, different of “cash”, ie: it involves trading.
The value serves as a reference for trading.
Mynarski is specialized in defining the values of all types of assets and companies.