Jim Refers to the " Killing Power " formula. Its Velocity times Ball, or bullet, weight, times Caliber, divided by 100. The "KP"number given is only relevant as a COMPARISON numeral, to use in comparing one given load or caliber to another.
As Jim indicates, it takes into consideration all the relevant issues excepting shot placement on the animal. But, then, none of the other " formulas" take shot placement into account, either. :hmm: :thumbsup:
The KP formula can be very useful for hunters trying to decide what the relative merits will be in using a PRB vs. a conical bullet in their gun.
One other thing the formula cannot take into account is what BrownBear mentions, and that is Lead Hhardness. A hard alloy lead ball is going to penetrate further, at higher velocities, than a soft lead ball at that same velocity.
At slow velocities, the soft lead ball may just penetrate as deeply as does the Hard alloy lead ball. The hard lead ball will weigh less than the soft lead, but the soft lead will expand some even at slower velocities. Weigh, or " Mass ", is what allows any projectile to penetrate flesh and bones, but these can be counteracted by designing a projectile that deforms on impact, creating a greater frontal area to push through the flesh and bones. Hard alloys tend to deform very little, as a general rule. :hatsoff: