well not all dynos read the same but something to think about you have a 80. its going to rob the power number
heres what a generic way of your power should be. take your motor for what it makes at 1 bar which is 105 kpa which is NA. say your 5.3 makes 300 rwhp
now take 1 bar on top of 1 bar to give you boost. so if your motor made 300 rwhp NA then you had 14.7 psi to it youll see 600 rwhp [in perfect life] but since youre at 7psi which is half you would see a gain of 150 rwhp
so 150rwhp + 300 rwhp= 450 rwhp
this works well for manuals and figuring hp out. now take the near 20% drivetrain loss of a 80e and apply that and youll be around 400 rwhp
so yes your about right, however i bet it runs a low/mid 12



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