Shareholder Report | 6 Months Ended |
Jun. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | T. ROWE PRICE MID-CAP VALUE FUND, INC. |
Entity Central Index Key | 0001012678 |
Entity Investment Company Type | N-1A |
Document Period End Date | Jun. 30, 2024 |
C000005473 | |
Shareholder Report [Line Items] | |
Fund Name | Mid-Cap Value Fund |
Class Name | Investor Class |
Trading Symbol | TRMCX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about Mid-Cap Value Fund (the "fund") for the period of January 1, 2024 to June 30, 2024. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Shareholder Report Annual or Semi-Annual | Semi-Annual Shareholder Report |
Additional Information [Text Block] | You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Material Fund Change Notice [Text Block] | |
Additional Information Phone Number | 1‑800‑638‑5660 |
Additional Information Email | info@troweprice.com</span>" id="sjs-B20"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">info@troweprice.com</span> |
Additional Information Website | www.troweprice.com/prospectus</span>" id="sjs-B21"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 700; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/prospectus</span> |
Expenses [Text Block] | What were the fund costs for the last six months? Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Mid-Cap Value Fund - Investor Class $41 0.79% |
Expenses Paid, Amount | $ 41 |
Expense Ratio, Percent | 0.79% |
Updated Performance Information Location [Text Block] | If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless |
AssetsNet | $ 14,655,338,000 |
Holdings Count | Holding | 113 |
InvestmentCompanyPortfolioTurnover | 24.10% |
Additional Fund Statistics [Text Block] | What are some fund statistics? Fund Statistics Total Net Assets (000s) $14,655,338 Number of Portfolio Holdings 113 |
Additional Fund Statistics Significance or Limits [Text Block] | Portfolio Turnover Rate 24.1% |
Holdings [Text Block] | Sector Allocation Industrials & Business Services 18.5 % Financials 15.3 Information Technology 13.9 Consumer Discretionary 10.1 Health Care 8.6 Energy 6.3 Materials 5.9 Real Estate 5.8 Utilities 5.3 Other 10.3 |
Largest Holdings [Text Block] | Top Ten Holdings Corning 2.7 % Western Digital 2.4 MKS Instruments 2.4 Select Medical Holdings 2.3 News 1.9 Stanley Black & Decker 1.7 Fifth Third Bancorp 1.7 TE Connectivity 1.5 FirstEnergy 1.4 Saia 1.3 |
Material Fund Change [Text Block] | |
Updated Prospectus Web Address | www.troweprice.com/paperless</span>" id="sjs-B34"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 13.8667px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/paperless</span> |
C000005474 | |
Shareholder Report [Line Items] | |
Fund Name | Mid-Cap Value Fund |
Class Name | Advisor Class |
Trading Symbol | TAMVX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about Mid-Cap Value Fund (the "fund") for the period of January 1, 2024 to June 30, 2024. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Shareholder Report Annual or Semi-Annual | Semi-Annual Shareholder Report |
Additional Information [Text Block] | You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Material Fund Change Notice [Text Block] | |
Additional Information Phone Number | 1‑800‑638‑5660 |
Additional Information Email | info@troweprice.com</span>" id="sjs-B45"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">info@troweprice.com</span> |
Additional Information Website | www.troweprice.com/prospectus</span>" id="sjs-B46"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 700; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/prospectus</span> |
Expenses [Text Block] | What were the fund costs for the last six months? Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Mid-Cap Value Fund - Advisor Class $54 1.04% |
Expenses Paid, Amount | $ 54 |
Expense Ratio, Percent | 1.04% |
Updated Performance Information Location [Text Block] | If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless |
AssetsNet | $ 14,655,338,000 |
Holdings Count | Holding | 113 |
InvestmentCompanyPortfolioTurnover | 24.10% |
Additional Fund Statistics [Text Block] | What are some fund statistics? Fund Statistics Total Net Assets (000s) $14,655,338 Number of Portfolio Holdings 113 |
Additional Fund Statistics Significance or Limits [Text Block] | Portfolio Turnover Rate 24.1% |
Holdings [Text Block] | Sector Allocation Industrials & Business Services 18.5 % Financials 15.3 Information Technology 13.9 Consumer Discretionary 10.1 Health Care 8.6 Energy 6.3 Materials 5.9 Real Estate 5.8 Utilities 5.3 Other 10.3 |
Largest Holdings [Text Block] | Top Ten Holdings Corning 2.7 % Western Digital 2.4 MKS Instruments 2.4 Select Medical Holdings 2.3 News 1.9 Stanley Black & Decker 1.7 Fifth Third Bancorp 1.7 TE Connectivity 1.5 FirstEnergy 1.4 Saia 1.3 |
Material Fund Change [Text Block] | |
Updated Prospectus Web Address | www.troweprice.com/paperless</span>" id="sjs-B59"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 13.8667px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/paperless</span> |
C000005475 | |
Shareholder Report [Line Items] | |
Fund Name | Mid-Cap Value Fund |
Class Name | R Class |
Trading Symbol | RRMVX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about Mid-Cap Value Fund (the "fund") for the period of January 1, 2024 to June 30, 2024. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Shareholder Report Annual or Semi-Annual | Semi-Annual Shareholder Report |
Additional Information [Text Block] | You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Material Fund Change Notice [Text Block] | |
Additional Information Phone Number | 1‑800‑638‑5660 |
Additional Information Email | info@troweprice.com</span>" id="sjs-B70"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">info@troweprice.com</span> |
Additional Information Website | www.troweprice.com/prospectus</span>" id="sjs-B71"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 700; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/prospectus</span> |
Expenses [Text Block] | What were the fund costs for the last six months? Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Mid-Cap Value Fund - R Class $67 1.29% |
Expenses Paid, Amount | $ 67 |
Expense Ratio, Percent | 1.29% |
Updated Performance Information Location [Text Block] | If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless |
AssetsNet | $ 14,655,338,000 |
Holdings Count | Holding | 113 |
InvestmentCompanyPortfolioTurnover | 24.10% |
Additional Fund Statistics [Text Block] | What are some fund statistics? Fund Statistics Total Net Assets (000s) $14,655,338 Number of Portfolio Holdings 113 |
Additional Fund Statistics Significance or Limits [Text Block] | Portfolio Turnover Rate 24.1% |
Holdings [Text Block] | Sector Allocation Industrials & Business Services 18.5 % Financials 15.3 Information Technology 13.9 Consumer Discretionary 10.1 Health Care 8.6 Energy 6.3 Materials 5.9 Real Estate 5.8 Utilities 5.3 Other 10.3 |
Largest Holdings [Text Block] | Top Ten Holdings Corning 2.7 % Western Digital 2.4 MKS Instruments 2.4 Select Medical Holdings 2.3 News 1.9 Stanley Black & Decker 1.7 Fifth Third Bancorp 1.7 TE Connectivity 1.5 FirstEnergy 1.4 Saia 1.3 |
Material Fund Change [Text Block] | |
Updated Prospectus Web Address | www.troweprice.com/paperless</span>" id="sjs-B84"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 13.8667px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/paperless</span> |
C000159685 | |
Shareholder Report [Line Items] | |
Fund Name | Mid-Cap Value Fund |
Class Name | I Class |
Trading Symbol | TRMIX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about Mid-Cap Value Fund (the "fund") for the period of January 1, 2024 to June 30, 2024. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Shareholder Report Annual or Semi-Annual | Semi-Annual Shareholder Report |
Additional Information [Text Block] | You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Material Fund Change Notice [Text Block] | |
Additional Information Phone Number | 1‑800‑638‑5660 |
Additional Information Email | info@troweprice.com</span>" id="sjs-B95"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">info@troweprice.com</span> |
Additional Information Website | www.troweprice.com/prospectus</span>" id="sjs-B96"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 700; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/prospectus</span> |
Expenses [Text Block] | What were the fund costs for the last six months? Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Mid-Cap Value Fund - I Class $34 0.66% |
Expenses Paid, Amount | $ 34 |
Expense Ratio, Percent | 0.66% |
Updated Performance Information Location [Text Block] | If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless |
AssetsNet | $ 14,655,338,000 |
Holdings Count | Holding | 113 |
InvestmentCompanyPortfolioTurnover | 24.10% |
Additional Fund Statistics [Text Block] | What are some fund statistics? Fund Statistics Total Net Assets (000s) $14,655,338 Number of Portfolio Holdings 113 |
Additional Fund Statistics Significance or Limits [Text Block] | Portfolio Turnover Rate 24.1% |
Holdings [Text Block] | Sector Allocation Industrials & Business Services 18.5 % Financials 15.3 Information Technology 13.9 Consumer Discretionary 10.1 Health Care 8.6 Energy 6.3 Materials 5.9 Real Estate 5.8 Utilities 5.3 Other 10.3 |
Largest Holdings [Text Block] | Top Ten Holdings Corning 2.7 % Western Digital 2.4 MKS Instruments 2.4 Select Medical Holdings 2.3 News 1.9 Stanley Black & Decker 1.7 Fifth Third Bancorp 1.7 TE Connectivity 1.5 FirstEnergy 1.4 Saia 1.3 |
Material Fund Change [Text Block] | |
Updated Prospectus Web Address | www.troweprice.com/paperless</span>" id="sjs-B109"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 13.8667px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/paperless</span> |
C000219316 | |
Shareholder Report [Line Items] | |
Fund Name | Mid-Cap Value Fund |
Class Name | Z Class |
Trading Symbol | TRTZX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about Mid-Cap Value Fund (the "fund") for the period of January 1, 2024 to June 30, 2024. You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Shareholder Report Annual or Semi-Annual | Semi-Annual Shareholder Report |
Additional Information [Text Block] | You can find the fund’s prospectus, financial information on Form N‑CSR (which includes required tax information for dividends), holdings, proxy voting information, and other information at www.troweprice.com/prospectus info troweprice.com |
Material Fund Change Notice [Text Block] | |
Additional Information Phone Number | 1‑800‑638‑5660 |
Additional Information Email | info@troweprice.com</span>" id="sjs-B120"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 400; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">info@troweprice.com</span> |
Additional Information Website | www.troweprice.com/prospectus</span>" id="sjs-B121"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 13.3333px; font-weight: 700; grid-area: auto; line-height: 17.3333px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/prospectus</span> |
Expenses [Text Block] | What were the fund costs for the last six months? Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Mid-Cap Value Fund - Z Class $0 0.00% |
Expenses Paid, Amount | $ 0 |
Expense Ratio, Percent | 0% |
Updated Performance Information Location [Text Block] | If you invest directly with T. Rowe Price, you can elect to receive future shareholder reports or other important documents through electronic delivery by enrolling at www.troweprice.com/paperless |
AssetsNet | $ 14,655,338,000 |
Holdings Count | Holding | 113 |
InvestmentCompanyPortfolioTurnover | 24.10% |
Additional Fund Statistics [Text Block] | What are some fund statistics? Fund Statistics Total Net Assets (000s) $14,655,338 Number of Portfolio Holdings 113 |
Additional Fund Statistics Significance or Limits [Text Block] | Portfolio Turnover Rate 24.1% |
Holdings [Text Block] | Sector Allocation Industrials & Business Services 18.5 % Financials 15.3 Information Technology 13.9 Consumer Discretionary 10.1 Health Care 8.6 Energy 6.3 Materials 5.9 Real Estate 5.8 Utilities 5.3 Other 10.3 |
Largest Holdings [Text Block] | Top Ten Holdings Corning 2.7 % Western Digital 2.4 MKS Instruments 2.4 Select Medical Holdings 2.3 News 1.9 Stanley Black & Decker 1.7 Fifth Third Bancorp 1.7 TE Connectivity 1.5 FirstEnergy 1.4 Saia 1.3 |
Material Fund Change [Text Block] | |
Updated Prospectus Web Address | www.troweprice.com/paperless</span>" id="sjs-B134"><span style="box-sizing: border-box; color: rgb(0, 0, 0); display: inline; flex-wrap: nowrap; font-size: 10.6667px; font-weight: 400; grid-area: auto; line-height: 13.8667px; margin: 0px; overflow: visible; text-align: justify;">www.troweprice.com/paperless</span> |