How does one compute equivalent aperture?

The really quick and dirty version is to multiply the lens aperture with the crop factor to get the f stop in fullframe equivalent.

For example Sony RX100, f1.8-4.9 crop factor 2.7 = f4.9-13 FF equivalent

It does get a bit messy with sensors not in the 3:2 form factor, but for a rough comparison it's certainly accurate enough, it's not like you can tell a huge difference between f10.5 and f11.5 DoF anyway.
 
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