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Can you clarify the question? What examples of reverse engineering have you seen which would suggest a "worthless" valuation of software?
As a case in point, curl -- the URL fetcher -- is an indispensable utility that has been reimplemented in various software packages (eg BusyBox) and included on billions of devices, from desktops to servers to IoT devices and even spacecraft that have left this planet. As FOSS, reverse engineering curl would be rather pointless, but the utility of curl is unquestioned, even if a precise dollar figure cannot possibly be ascertained for its economic value.
I assert that curl is one of the most valuable pieces of the software that humanity has wrought, underpinning a huge part of modern computing, precisely because it is freely available.
Photoshop. I assumed the question is more about commercial software pricing.
Has someone reverse engineered Photoshop?
In any case, I'll await OP's clarification before spilling more ink on the topic.
Someone has vibe coded many of the Adobe creative suite to include Photoshop.