Jim,
This is a hard question to answer with exact numbers. The variables are - exact compression ratio, condition of the engine, calibration of the gages used, cam timing & valve lash setting,starter cranking speed,engine temperature, throttles open or closed, & altitude of test site.
As Nial said "generally, a compression difference of 15% to 20% or more (from highest to lowest cylinder) would be cause for concern."
Cylinder to cylinder differences of a given engine are not subject to to these variables & are thus the most reliable indicator. However if an engine has very low compression averages even with little C to C variation , it can still be worn.
In search of more information, I did a survey on another list , & got the following results which are quoted below;
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"My query on Hundred Four compression readings brought some good responses & several explanations of why there were too many variables involved to give accurate answers. I expected variables as there are many. The more responses the more that the variables will average out.
To summarize:
Six people responded with actual numbers, the individual engine averages (all cylinders of a particular engine) ranged from 111 to 138. The average of the five responses was 125 psi. This is what I personally would consider a reasonable target number. The 100 spec & the 100M spec engines were not notably different. This is likely explained by the higher compression ratio of the M spec engine being offset by the later intake valve closing of this engine."
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I would say that your engines compression is pretty low if the average of all cylinders is 100 psi. Be sure to check it with a different compression tester to be sure, & still note the C to C differences as above.
A fairly reliable test to isolate the problem is to take the first set of readings as usual & then a second set with a couple of cc's of oil squirted into each cylinder. If the rings are leaking the oil will temporarily seal them, & the low readings will be due to valve or gasket problems.
The "definitive" test is to use the differential pressure or so called leak down test, but this is a much more involved test. A leak down reading of 10% or more is considered to be defective. Most race engines are rebuilt when the leakage is more than 5%.
If we can get more feedback from others on this forum it will help add to the data base. The above averages were based on a compression ratio of 7.5 to 8.3 to one.
D