Well yeah I think you can be in a more immediate, non-ruminating state wherein values don't undergo that kind of formative/crystalizing process that is fueled by cognitive effort.
But I also tend to think that such a cognitive effort is the force that differentiates one psyche from another, in manners beyond mere physiological or chemical or otherwise genetic differences. So it would be something more like an undifferentiated id-like state of being.
The again, perhaps there could be a unvaluated "space" beyond values, rather than prior to them. This would describe certain enlightened states, states wherein no further action is required, or at least the compulsion to act is diminished.