diff --git a/packages/payload/src/fields/hooks/beforeValidate/promise.ts b/packages/payload/src/fields/hooks/beforeValidate/promise.ts
index 59ba4a8a7..e1ab380ea 100644
--- a/packages/payload/src/fields/hooks/beforeValidate/promise.ts
+++ b/packages/payload/src/fields/hooks/beforeValidate/promise.ts
@@ -274,6 +274,23 @@ export const promise = async <T>({
       }
     }
 
+    if (typeof siblingData[field.name] === 'undefined') {
+      // If no incoming data, but existing document data is found, merge it in
+      if (typeof siblingDoc[field.name] !== 'undefined') {
+        siblingData[field.name] = cloneDataFromOriginalDoc(siblingDoc[field.name])
+
+        // Otherwise compute default value
+      } else if (typeof field.defaultValue !== 'undefined') {
+        siblingData[field.name] = await getDefaultValue({
+          defaultValue: field.defaultValue,
+          locale: req.locale,
+          req,
+          user: req.user,
+          value: siblingData[field.name],
+        })
+      }
+    }
+
     // Execute hooks
     if (field.hooks?.beforeValidate) {
       for (const hook of field.hooks.beforeValidate) {
@@ -314,23 +331,6 @@ export const promise = async <T>({
         delete siblingData[field.name]
       }
     }
-
-    if (typeof siblingData[field.name] === 'undefined') {
-      // If no incoming data, but existing document data is found, merge it in
-      if (typeof siblingDoc[field.name] !== 'undefined') {
-        siblingData[field.name] = cloneDataFromOriginalDoc(siblingDoc[field.name])
-
-        // Otherwise compute default value
-      } else if (typeof field.defaultValue !== 'undefined') {
-        siblingData[field.name] = await getDefaultValue({
-          defaultValue: field.defaultValue,
-          locale: req.locale,
-          req,
-          user: req.user,
-          value: siblingData[field.name],
-        })
-      }
-    }
   }
 
   // Traverse subfields
diff --git a/test/hooks/collections/Value/index.ts b/test/hooks/collections/Value/index.ts
new file mode 100644
index 000000000..b1b07f63f
--- /dev/null
+++ b/test/hooks/collections/Value/index.ts
@@ -0,0 +1,34 @@
+import type { CollectionConfig } from 'payload'
+
+export const valueHooksSlug = 'value-hooks'
+export const ValueCollection: CollectionConfig = {
+  slug: valueHooksSlug,
+  fields: [
+    {
+      name: 'slug',
+      type: 'text',
+      hooks: {
+        beforeValidate: [
+          ({ value, siblingData }) => {
+            siblingData.beforeValidate_value = String(value)
+            return value
+          },
+        ],
+        beforeChange: [
+          ({ value, siblingData }) => {
+            siblingData.beforeChange_value = String(value)
+            return value
+          },
+        ],
+      },
+    },
+    {
+      name: 'beforeValidate_value',
+      type: 'text',
+    },
+    {
+      name: 'beforeChange_value',
+      type: 'text',
+    },
+  ],
+}
diff --git a/test/hooks/config.ts b/test/hooks/config.ts
index a3247abca..703b5319a 100644
--- a/test/hooks/config.ts
+++ b/test/hooks/config.ts
@@ -19,6 +19,7 @@ import NestedAfterReadHooks from './collections/NestedAfterReadHooks/index.js'
 import Relations from './collections/Relations/index.js'
 import TransformHooks from './collections/Transform/index.js'
 import Users, { seedHooksUsers } from './collections/Users/index.js'
+import { ValueCollection } from './collections/Value/index.js'
 import { DataHooksGlobal } from './globals/Data/index.js'
 
 export const HooksConfig: Promise<SanitizedConfig> = buildConfigWithDefaults({
@@ -40,6 +41,7 @@ export const HooksConfig: Promise<SanitizedConfig> = buildConfigWithDefaults({
     Users,
     DataHooks,
     FieldPaths,
+    ValueCollection,
   ],
   globals: [DataHooksGlobal],
   endpoints: [
diff --git a/test/hooks/int.spec.ts b/test/hooks/int.spec.ts
index 8d2160987..ef3786fe5 100644
--- a/test/hooks/int.spec.ts
+++ b/test/hooks/int.spec.ts
@@ -21,9 +21,10 @@ import {
 import { relationsSlug } from './collections/Relations/index.js'
 import { transformSlug } from './collections/Transform/index.js'
 import { hooksUsersSlug } from './collections/Users/index.js'
-import { beforeValidateSlug, fieldPathsSlug } from './shared.js'
+import { valueHooksSlug } from './collections/Value/index.js'
 import { HooksConfig } from './config.js'
 import { dataHooksGlobalSlug } from './globals/Data/index.js'
+import { beforeValidateSlug, fieldPathsSlug } from './shared.js'
 
 let restClient: NextRESTClient
 let payload: Payload
@@ -612,6 +613,24 @@ describe('Hooks', () => {
         }),
       })
     })
+
+    it('should assign value properly when missing in data', async () => {
+      const doc = await payload.create({
+        collection: valueHooksSlug,
+        data: {
+          slug: 'test',
+        },
+      })
+
+      const updatedDoc = await payload.update({
+        id: doc.id,
+        collection: valueHooksSlug,
+        data: {},
+      })
+
+      expect(updatedDoc.beforeValidate_value).toEqual('test')
+      expect(updatedDoc.beforeChange_value).toEqual('test')
+    })
   })
 
   describe('config level after error hook', () => {
diff --git a/test/hooks/payload-types.ts b/test/hooks/payload-types.ts
index 450f18908..87ad25904 100644
--- a/test/hooks/payload-types.ts
+++ b/test/hooks/payload-types.ts
@@ -78,6 +78,7 @@ export interface Config {
     'hooks-users': HooksUser;
     'data-hooks': DataHook;
     'field-paths': FieldPath;
+    'value-hooks': ValueHook;
     'payload-locked-documents': PayloadLockedDocument;
     'payload-preferences': PayloadPreference;
     'payload-migrations': PayloadMigration;
@@ -96,6 +97,7 @@ export interface Config {
     'hooks-users': HooksUsersSelect<false> | HooksUsersSelect<true>;
     'data-hooks': DataHooksSelect<false> | DataHooksSelect<true>;
     'field-paths': FieldPathsSelect<false> | FieldPathsSelect<true>;
+    'value-hooks': ValueHooksSelect<false> | ValueHooksSelect<true>;
     'payload-locked-documents': PayloadLockedDocumentsSelect<false> | PayloadLockedDocumentsSelect<true>;
     'payload-preferences': PayloadPreferencesSelect<false> | PayloadPreferencesSelect<true>;
     'payload-migrations': PayloadMigrationsSelect<false> | PayloadMigrationsSelect<true>;
@@ -610,6 +612,18 @@ export interface FieldPath {
   updatedAt: string;
   createdAt: string;
 }
+/**
+ * This interface was referenced by `Config`'s JSON-Schema
+ * via the `definition` "value-hooks".
+ */
+export interface ValueHook {
+  id: string;
+  slug?: string | null;
+  beforeValidate_value?: string | null;
+  beforeChange_value?: string | null;
+  updatedAt: string;
+  createdAt: string;
+}
 /**
  * This interface was referenced by `Config`'s JSON-Schema
  * via the `definition` "payload-locked-documents".
@@ -664,6 +678,10 @@ export interface PayloadLockedDocument {
     | ({
         relationTo: 'field-paths';
         value: string | FieldPath;
+      } | null)
+    | ({
+        relationTo: 'value-hooks';
+        value: string | ValueHook;
       } | null);
   globalSlug?: string | null;
   user: {
@@ -910,6 +928,17 @@ export interface FieldPathsSelect<T extends boolean = true> {
   updatedAt?: T;
   createdAt?: T;
 }
+/**
+ * This interface was referenced by `Config`'s JSON-Schema
+ * via the `definition` "value-hooks_select".
+ */
+export interface ValueHooksSelect<T extends boolean = true> {
+  slug?: T;
+  beforeValidate_value?: T;
+  beforeChange_value?: T;
+  updatedAt?: T;
+  createdAt?: T;
+}
 /**
  * This interface was referenced by `Config`'s JSON-Schema
  * via the `definition` "payload-locked-documents_select".