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1.
A mathematical term used to describe how extreme a mullet hairstyle is. It is found by comparing how long the hair on top of the head is compared to how long the hair hangs at the back of the neck.
"What is your mullet ratio?"
"It's a half inch on top; and sixteen inches at the back."
"...that's a bitchin' mullet!"
von PeaTearGriffin 23. Februar 2006
 
2.
Percent of chance that some chick is a lesbian.(The mullet is a popular lezbo hairdo for the bull-dykey types.)
"Check out that woman driving the big rig! I bet her mullet ratio is a good 98%!"
von Crazy John 20. März 2006