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How accurate would this formula be?

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I think you can compare .co.uk to .co.uk.

It doesn't work for comparing .com to .co.uk.

I've got two identical domains in my sig - one os a .com the other a .co.uk. I wouldn't say the .com is 10x the value of the .co.uk. In fact, as they are UK focused the .co.uk would have more value.

However, if you were comparing jobs.com and jobs.co.uk, you'd probably say that the .com is 10x the value, as the the target market is so much greater in the US.
 
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