Valery Panayotovich Kerdemelidi (Russian: Валерий Панайотович Кердемелиди; born 18 July 1938) is a retired artistic gymnast from Russia. He competed at the 1960 Summer Olympics in all artistic gymnastics events and won a silver medal in the team allround competition. Individually his best result was ninth place on the rings and horizontal bar. During his career he won two national titles, on the horizontal bar (1965) and allround (1962). He won two silver team allround medals at the world championships (1962, 1966), as well as five medals at the European championships in 1963.