Yes, this is the unit feeder calc. There are two different types of calculations. You're describing the standard calculation, and in that one the oven/cooktop will go in at 8 KVA using the demand table and if 4 appliances a 75% factor could be used (but I don't see 4 that qualify).
For the optional calculation, everything goes in at nameplate, so the oven/cooktop will be 12 KVA. The optional calculation takes the first 10KVA of loads (3 W/sq ft, sm appl circuits, laundry, oven/cooktop,...) at 100% and then everything above that at 40%. So you know with a 12 KVA oven/cooktop you will have at least 10KVA at 100% and 2KVA at 40%. The point being 10 KVA at 208V is 48 amps, so there is no way the calculation could be below 48A with just the oven and cooktop. He said he got 37.5A -- no way to do that even if the only load was this cooktop/oven.