I'll add some math to my above statement. In my app it estimates HP based on ET and MPH.
So if I guess your car weighs 3200 lbs, and you ran a 12.24 at 115, it says your HP on ET is 344 and your HP on speed is 380. So if you can put that 380 down the whole pass instead your 60 ft will drop, and thus your ET. Get some good tires and some good air (and maybe even a 3000 stall 10" converter), and watch that ET drop.
I use that as a tool. It may not always be correct on the HP because it assumes your chassis is excellent and you are putting down all the power you can, but even if you are not, the ratio is still there. If the ET power is low, your 60 ft needs work. If your MPH power is low, then its falling off at the big end and you need to work on your tuning, fuel flow, airflow at speed, etc. When the car is running decent, the ET and speed power estimates will be close to the same.
Now, the HP estimate might still be lower than you actually have, because it also assumes you are geared for that race and your chassis setup and converter are near perfect. So if you could run a 4.56 gear and 4000 stall converter and and you are only running 3.73s and a 2500 stall, you aren't going to put as much power to the ground. Because we make compromises.
I do the same, I only have a 3.60 gear and a 4500 stall converter. I could put a 5500 stall and some 4.10s and I would be faster on motor, but then on spray I would over run the converter and also run out of RPM at the big end