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The phrase "a relative value" is correct and usable in written English.
It can be used in contexts where you are discussing a value that is considered in relation to other values or benchmarks.
Example: "In financial analysis, it is important to assess a relative value to understand how an asset compares to its peers."
Alternatives: "comparative value" or "proportional value".
Exact(60)
This doesn't give absolute numbers for searches – only a relative value between 0 and 100.
Eventually, Hsiao and his team arrived at a relative value for every single thing doctors do.
In a nutshell, it ascribes a relative value to yardage gained.
"On a relative value base, they have fallen down the scale," said Dr. Dennis O'Leary, president of the accreditation commission.
Samples were normalized to housekeeping genes, and expression on untreated cells was assigned a relative value of 1.0.
Free speech had a relative value at Princeton in 1956, not the absolute one we know today.
The DBS data is a relative value since it is not equivalent to the plasma concentration.
Federal officials have assigned a relative value to each service for the purpose of paying doctors under Medicare.
This energy can be expressed in various ways, one of which is a relative value called the oxidation potential.
Lim, S. L., O'Doherty, J. P. & Rangel, A. The decision value computations in the vmPFC and striatum use a relative value code that is guided by visual attention.
For a buyer "with price concerns who doesn't need a doorman," co-ops offer a relative value, said Mr. Senequier of Elliman.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com