There has been some degree of controversy over how much T4 is equivalent to T3 and vice versa in pharmcological terms of the potential activity of either hormone. The paper below discusses this in some detail - working with thyroidectomised patients so as not to get thyroidal interference. The answer comes out as 3 units of T4 are equivalent to 1 unit of T3 - ie weight for weight T3 is 3x more active pharmacologically than T4
The pharmacodynamic equivalence of levothyroxine and liothyronine. A randomized, double blind, cross-over study in thyroidectomized patients
Francesco S. Celi, Marina Zemskova, Joyce D. Linderman, Nabeel I. Babar, Monica C. Skarulis, Gyorgy Csako, Robert Wesley, Rene Costello, Scott R. Penzak, and Frank Pucino
Clin Endocrinol (Oxf). 2010 May; 72(5): 709–715.
doi: 10.1111/j.1365-2265.2009.03700.x