OK I'll play. 150/14.7 = 10.20. Actual Static CR = 11.0:1, Dynamic 8.0:1. Someone said earlier this is supposed to be Dynamic CR but obviously that isn't even close. Before I had the motor rebuilt, it had 225 psi cranking. 225/14.7 = 15.3. Actual Static CR = 13.9:1. Dynamic unknown. Numbers obviously aren't close to anything and I wouldn't use this method. Mostly because it's just plain wrong. You have to understand that a compression test says nothing about what the differential in cylinder volume at TDC to BDC is. Without that, you won't know how to get dynamic CR either.
Let's take an example. Say you take a motor cranking 175 psi. It's 10:1 Static and 8:1 Dynamic (known and calculated values). Now let's change the camshaft with a later closing event on the intake valve, all other aspects of the camshaft the same. The engine now cranks 150 psi cylinder pressure because it's bleeding off some pressure before the valve closes. Is the Static CR changed now? No. The cylinder volume hasn't changed. Has the Dynamic CR changed? Absolutely. Now the engine is 10:1 Static and the Dynamic could now be, say, around 7.5:1 and more pump gas friendly. People tend to want to gravitate to the Static number to know whether something runs on pump gas or not. Static does not matter in the grand scheme of things. It's all about the Dynamic CR.
My point is, one cannot get Dynamic CR from a compression test. Dynamic is calculated from Static CR and camshaft intake valve closing event. A compression test won't give you the Static CR either to calculate Dynamic. So in all, you get no accurate information for CR from compression testing. There are several things compression tests are good for, but getting accurate CR's is NOT one of them. If you want to get a ball park figure by using the "14.7" method, be my guest. It may be ball park, but ball park in another county!