diff --git a/internal/chart/v3/util/dependencies.go b/internal/chart/v3/util/dependencies.go
index 8b84ef428..49486826b 100644
--- a/internal/chart/v3/util/dependencies.go
+++ b/internal/chart/v3/util/dependencies.go
@@ -53,10 +53,10 @@ func processDependencyConditions(reqs []*chart.Dependency, cvals common.Values,
 						break
 					}
 					slog.Warn("returned non-bool value", "path", c, "chart", r.Name)
-				} else if _, ok := errors.AsType[common.ErrNoValue](err); ok {
-					// this is a real error
-					slog.Warn("the method PathValue returned error", slog.Any("error", err))
-				}
+					} else if _, ok := errors.AsType[common.ErrNoValue](err); !ok {
+						// this is a real error
+						slog.Warn("the method PathValue returned error", slog.Any("error", err))
+					}
 			}
 		}
 	}
diff --git a/internal/chart/v3/util/dependencies_test.go b/internal/chart/v3/util/dependencies_test.go
index 45693ef46..4f62898b5 100644
--- a/internal/chart/v3/util/dependencies_test.go
+++ b/internal/chart/v3/util/dependencies_test.go
@@ -15,6 +15,8 @@ limitations under the License.
 package util
 
 import (
+	"bytes"
+	"log/slog"
 	"os"
 	"path/filepath"
 	"sort"
@@ -55,6 +57,29 @@ func TestLoadDependency(t *testing.T) {
 	check(c.Lock.Dependencies)
 }
 
+// An absent condition path is the normal case for every unset condition and
+// must not be reported as a PathValue error, matching the v2 implementation.
+func TestProcessDependencyConditionsAbsentPathNoWarning(t *testing.T) {
+	prev := slog.Default()
+	t.Cleanup(func() { slog.SetDefault(prev) })
+
+	var logBuf bytes.Buffer
+	slog.SetDefault(slog.New(slog.NewJSONHandler(&logBuf, nil)))
+
+	reqs := []*chart.Dependency{
+		{Name: "subchart1", Condition: "subchart1.enabled"},
+		{Name: "subchart2", Condition: "not.in.values"},
+	}
+	v := common.Values{"subchart1": map[string]any{"enabled": true}}
+
+	processDependencyConditions(reqs, v, "")
+
+	assert.True(t, reqs[0].Enabled, "expected the present condition to be applied")
+	assert.False(t, reqs[1].Enabled, "expected the absent condition to leave the dependency disabled")
+	assert.NotContains(t, logBuf.String(), "PathValue returned error",
+		"an absent condition path is not a PathValue error and must not be warned about")
+}
+
 func TestDependencyEnabled(t *testing.T) {
 	type M = map[string]any
 	tests := []struct {