That is fine but it doesn't really help you too much unless you know exactly where the cam was when you recorded the 0.119 number. The only practical solution is to use published numbers which is lift at TDC for the lobe. The cam catalogs usually publish lift at TDC and then you have to do a valve drop test to see how much room you have at TDC. Once you know those numbers then you can figure out which lobes will fit and which won't.