this mean that if you undervolt and underclock the standard s5, you get the same efficiency? or there is soemthing more about it?
Yes it does mean you can improve the efficiency of an S5. However..... there are problems when you try and reduce the voltage to an S5 by very much as it does not hash. The best S5 are the ones with the latest V1.91 Hash Board, these can be significantly undervolted & underclocked and can give very good efficiencies, as good as 0.36J/GH
See this thread for discussion on this.
https://bitcointalksearch.org/topic/antminer-s5-underclock-undervolt-best-jgh-1151460
Rich