Here's some more info on Beta Ratio and how efficiency is calculated from the Beta Ratio.
Beta Ratio = B
Efficiency % = (B-1)/B x 100
Here are some Beta Ratio vs. Efficiencies.
Beta Ratio -- Efficiency
2 -- 50.0
5 -- 80.0
10 -- 90.0
20 -- 95.0
30 -- 96.7
40 -- 97.5
50 -- 98.0
60 -- 98.3
70 -- 98.6
80 -- 98.8
90 -- 98.9
100 -- 99.0
200 -- 99.5
300 -- 99.7
500 -- 99.8
1000 -- 99.9
sayjac make some good points. Also, if you want to read up more about Beta Ratio, just Google it and you'll find lots of good info.