This paper explores the multifaceted concept of design theories value, challenging traditional views of science and philosophy and proposing a novel framework for evaluation. Through critical analysis, considering design theories like C-K theory, PSI, GDT, and CDP, and insight from the history of science, we establish the need for a new value model of design theories that includes design-related and other general properties such as generativity, robustness, and impact on practice. We adapt a recently developed system value model (SVM) to consider the diverse perspectives of design theory stakeholders. Our framework is tested on the PSI theory, demonstrating its applicability. This paper redefines how we perceive and measure the value of design theories, offering insights that could influence future research and practice in design science.