Portfolio Value refers to the total worth or net asset value of a group of assets, investments or securities held by an individual or institution. It represents the combined market value of all the holdings in one's portfolio and is used as a measure of performance for managing investment risk and return. Portfolio Value can be calculated by adding up the values of each asset within the portfolio, taking into account factors such as dividends, interest rates or capital gains. It provides an overview of how well an individual's investments are performing overall and helps in making informed decisions about buying or selling assets to achieve desired financial goals.