How mismatched were Hood and Bismarck when their capability is compared with the displacement each design required?
Short answerLess mismatched than Bismarck's reputation suggests; even an unmodernized Hood rates close to her, while a fully modernized Hood would be the more efficient design.
NotesTreating Bismarck as a ten-out-of-ten benchmark obscures how much displacement she used without gaining proportionate firepower, rate of fire, speed, or protection. On that deliberately relative scale, an unmodernized Hood still rates close to Bismarck despite her age. A fully modernized Hood would rate higher because her basic design delivered more capability for the tonnage. Reconstruction would also address weaknesses accumulated through years of deferred work.