This one will be touchy...
What sort of a setup will this be installed on? Compression? Torque output?
If you are building a N/A motor with nothing too terribly extreme, it is possible to utilize this piston. It is by no means the correct answer and it should be replaced immediately, but this is real life and people in real life need to get the most utility from their limited supply of money. So, if you are short on cash and are unable to purchase new pistons then by all means use these ones. However, new pistons should be the first item on your wish list.
The simple fact that the valve failed and contacted the piston face is not necessarily a terrible thing. The picture displays only cosmetic damages and you would, in most scenarios, experience negligible differences in compression and ignition than the other pistons. The thing which worries me is internal cracks and reduced integrity which are hidden from the naked eye. It doesn't appear to have any problems though and I would say it is likely OK to use.
More importantly though, what does the rod look like? Normally the rod is the first to buckle when you experience valve failure. Is it perfectly straight?