The mean-square-error (MSE) of an NxN image is defined as MSE=1/(N^2)*sum_over_n&m((x[m,n]-xc[m,n])^2)
where x is the original image and xc is the compressed image.
The peak-signal-to-noise ratio (PSNR) of an 256x256 image is defined as PSNR = 10*log(255x255/MSE).
Clearly, there is a reason why the hybrid method is a subject for research. Although the compression ratio does not differ very much between the different methods, the PSNR is much better for the hybrid method (it is important to remember that PSNR is measured in dB, and that a change from 24.9 to 31.7 may appear less remarkable than it actually is).