How do they do the expensive all tube audiophile power amps??Well,...the "tone" of a valve amp, the whole thing, is a mix of pre amp and power amp distortion and that is a complex subject I am happy to discuss but my main point was about the loudness of valves compared to a similarly 'labeled' transistor model.
But, circuit configuration matters. Take two EL34s and stick 450V on their anodes and cathode bias them to about 20W apiece, nice chunk of NFB and you will get 30-35W at decently low distortion. Very Hi Fi, drive it harder and it will clip at ~50W and do no more. Now run the valves at 15W each, fixed biased and you will get 'fairly' clean 50W (about 5%thd) and 80W or more of deafening filth.
Dave.
Having heard a few, there’s zero distortion but it has that very full sound.