That's what's broken. The fact that "value" is irrelevant. Imagine life without utility companies and imagine life without FB. It's absurd.
If a utility company which provides basic necessities were to make a lot of profit, wouldn't it be sort of a bad outcome for humanity? Isn't it better if basic necessities are provided to us at the most affordable prices?
Share value isn't based on value to humanity; it's largely based on profit and potential profit.
My point is that the valuation comparison OP posted has nothing to do with "life without utility companies and imagine life without FB".