Discuss the latest Dark Souls Title!
In my opinion, not really. The ring was more useful in DS1 when estus was very limited but now you can easily have up to 15 flasks at a time and unless you feel like you really need the extra health, you should pass. Alternatively you can use Sun Princess ring as a makeshift bonfire by clearing an area and just sitting there. Also worth mentioning that bonfires are more prevelant in DS3 than DS1