David, you are correct. Compression ratio is purely mechanical - the difference in cylinder and combustion chamber volume at both ends of the piston stroke. It can be increased by lenghtening the stroke, milling the head, or adding material to the piston top. As carbon builds up on the piston, valves and combustion chamber, the compression ratio is increased.
Compression pressure is variable, depending on the volume of air-fuel mixture allowed to enter the cylinder on the intake stroke, atmospheric pressure, and cylinder leakage (rings, valves, head gaskets...). A turbo or supercharger increases compression pressure by forcing more mixture in, but does not increase the compression ratio.
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