What is the difference between .text, .value, and .value2?

Question

What is the difference between .text, .value, and .value2? Such as when should target.text, target.value, and target.value2 be used?

Answer 1

Out of curiosity, I wanted to see how Value performed against Value2. After about 12 trials of similar processes, I could not see any significant differences in speed so I would always recommend using Value. I used the below code to run some tests with various ranges.

If anyone sees anything contrary regarding performance, please post.

Sub Trial_RUN()
    For t = 0 To 5
        TestValueMethod (True)
        TestValueMethod (False)
    Next t

End Sub




Sub TestValueMethod(useValue2 As Boolean)
Dim beginTime As Date, aCell As Range, rngAddress As String, ResultsColumn As Long
ResultsColumn = 5

'have some values in your RngAddress. in my case i put =Rand() in the cells, and then set to values
rngAddress = "A2:A399999" 'I changed this around on my sets.



With ThisWorkbook.Sheets(1)
.Range(rngAddress).Offset(0, 1).ClearContents


beginTime = Now

For Each aCell In .Range(rngAddress).Cells
    If useValue2 Then
        aCell.Offset(0, 1).Value2 = aCell.Value2 + aCell.Offset(-1, 1).Value2
    Else
        aCell.Offset(0, 1).Value = aCell.Value + aCell.Offset(-1, 1).Value
    End If

Next aCell

Dim Answer As String
 If useValue2 Then Answer = " using Value2"

.Cells(Rows.Count, ResultsColumn).End(xlUp).Offset(1, 0) = DateDiff("S", beginTime, Now) & _
            " seconds. For " & .Range(rngAddress).Cells.Count & " cells, at " & Now & Answer


End With


End Sub