On paper regards number crunching. In terms of real world workloads, many devs would disagree. Utilisation of those SPEs could be pretty poor.
It's probably very safe to say that if PS5 had a Cell instead of a Jaguar, even with devs writing moderately optimised code, PS5 games wouldn't be as good as they are now. If that's not the case and one Cell can outperform the Jags, at a tiny fraction of the silicon, then Sony blew it and should have put 100 Cells in there!