In a face sealing annular valve, an annular valve member is retained around or within a guide. The annular valve member is configured so that, when the annular valve member and the annular valve seat are coaxial, the spacing between the guide means and the guide-engaging surface region increases with distance along the central axis from a minimum of spacing between the annular valve member and the guide means. An end stop limits the tilt of the annular valve member. Advantageously, the annular valve member has restricted radial movement, enabling a good seal to be formed, while being unable to simultaneously contact diametrically opposite sides of the guide and jam.