This ratio stay incomplete and don't mean much for a bunch of applications (com. grow, breeding, decisionnal).
You can have high gr/watts ratios and a pretty bad yield if time is not counted (it's watt/hour anyway the measurement ^^)
Take a SOGger in a 4x4, 600HPS. If he's not good, he will make around a third of oz per clone in the smallest pots. In this context, let's explain he's not good because fresh, so the number of plants is limited to 50 per 4x4. Fems or clones doesn't matter, even if seeds are harvesting a bit more in more time ...
So it's a ~pound/4x4 on let's say a typical Skunk flo : 60 days. It give around 0.83gr/watt.
But ~100 oz / year.
Take a grower that SCROG his weed, a good one take one harvest to prepare before the switch. So 120 days, in the average scrog-growlog it's a lot more in general.
So it's again a pound/4x4 that give again 0.83gr/watt.
But it's ~50 oz/year.
Also the SCROG-weed is lot more expensive than the SOG one, but it's generally never entering in considerations ^^
A bunch in fact, and i'm serious ^^.
It's the only way to know if you screwed the round with too much water in the vegetal mass (too much cycles), then bad drying stats. Then a good yield that transform in a bad one in drying, except if you sell the nugs barely dried lool ^^