the classification of someone or something with respect to its worth

critical appraisal / critical analysis - an appraisal based on careful analytical evaluation
evaluation / valuation / rating - an appraisal of the value of something
assay / check - an appraisal of the state of affairs
acid test - a rigorous or crucial appraisal
reappraisal / revaluation / review / reassessment - a new appraisal or evaluation
underevaluation - an appraisal that underestimates the value of something

    classification     categorization     categorisation     sorting

a document appraising the value of something (as for insurance or taxation)

overestimate / overestimation / overvaluation / overappraisal - an appraisal that is too high

    commercial document     commercial instrument