When you see the #VALUE error, it means that there is something wrong with the way the formula is typed, or there is something wrong with the cells you are referencing.

This article looks at how to use Excel’s auditing tools to audit formulas and ensure the accuracy of data.

If the ERROR.TYPE function in Excel not working for you, ensure the formula is correct, check for errors in the referenced cell, or repair Excel.

Learn how to prevent costly Excel errors with our comprehensive formula checklist. Ensure accuracy and reliability in your spreadsheets ...

To illustrate the problem further, consider that the formula 1/3 calculates to 0.3333333~ (with an infinite number of repeating 3’s as decimal places). Because Excel can hold only 15 decimal places ...