If it's something as simple as a KVM hypervisor that only runs 1 test VM at a time (with no other load from anything else other than the basic systemd daemons, ssh daemon etc running on the hypervisor), the results could be very close to bare metal.
I can see it being very time consuming and annoying to do repeated manual bare metal OS installs and new partitioning/filesystem creation for such a large variety of tests.
The author does also say that performance isn't really the main thing but rather, data integrity:
Well don't do that then. There's lots of other options. Probably the simplest is a single bare metal install on a simple filesystem on one device. run the filesystems under test on other storage dedicated to testing.
You could also boot into a network install and use local storage exclusively for testing.
Also take a look at tests on real hardware. There are not many of them but there are some. I pointed to them in my first answer.
In this case, given that the author's own disclaimer (above) already disclaims the numeric readings, I'm not sure how it's possible to make any inference on "shapes and ratios" derived from the numeric readings.
Real hardware is used in: https://bartosz.fenski.pl/modern-fs-benchmark/real-hw/ https://bartosz.fenski.pl/modern-fs-benchmark/sas-hdd/
But unfortunatelly it's much more limited number of actual runs. sas-hdd is still in progress so numbers for it should increase over time.