Vuescan actually displays Density relative to the brightest pixel of
the Raw scan data, the brightest pixel representing Density=0.00. The
calculation is Density=Log10(Brightest/actual), and this is calculated
per channel.
To be complete, true *Optical* Density is calculated relative to the
lightsource, but Vuescan cannot know the lightsource's brightness with
the sofar unknown film(base) density.