In https://stacks.math.columbia.edu/tag/02MB,we have following definition:
Definition 10.120.2. Suppose that $K$ is a field, and $R \subset K$ is a local Noetherian subring of dimension $1$ with fraction field $K$. In this case we define its order of vanishing along $R$ as $$ v=\text{ord}_R : K^* \longrightarrow \mathbf{Z} $$ by the rule $$ \text{ord}_R(x) = \text{length}_R(R/(x)) $$ if $x \in R$ and we set $\text{ord}_R(x/y) = \text{ord}_R(x) - \text{ord}_R(y)$ for $x, y \in R$ both nonzero.
When will this become a valuation on K? If it is, what is it's valuation ring?
Edit: $v$ is always multiplicative. So my question is: What condition on $R$ is equivalent to that $v$ satisfies the triangle inequality (i.e $v(x+y) \geq min(v(x),v(y))$)?
If $R$ is a DVR then everything holds, what about the general case?