Privy to the Foil: Recasting Value Estimation with a Self-Privileged Critic for RLVR

Assigning credit to intermediate steps remains a central challenge in training Large Language Models (LLMs) on multi-step reasoning tasks with sparse terminal rewards, and actor-critic methods such as PPO address this by learning value functions to construct token-level advantages. Their effectiveness, however, hinges on reliable value estimation, a difficult task requiring the critic to both assess progress toward a correct solution and anticipate an evolving policy's future behavior; errors in either can compromise credit assignment and destabilize online training. In this paper, we revisit the standard state-only formulation of value estimation and propose **$\mathbf{\pi }$PPO**, a self-privileged actor-critic framework. By reusing verified same-prompt rollouts as contrastive evidence, $\pi$PPO helps the critic assess intermediate reasoning against successful and failed attempts, while preserving standard policy optimization and the deployment interface. Experiments show that $\pi$PPO consistently improves value-estimation quality by a substantial margin and outperforms representative actor-critic and critic-free RLVR baselines on challenging mathematical reasoning benchmarks, while remaining effective even when paired with substantially smaller asymmetric critics.