Yoiks, another old chestnut. Power is power, tube amps seem louder due to being more dynamic and having more harmonic content and different tone, but they aren't, if they are putting out the same power to the same speaker. 50W is 50W is 50W. Check it on your DVM, and decibel meter, if you want. I know I have. A diesel car going 50mph is just as fast as a gas car going 50mph. The gas car might accelerate faster, and have a higher top speed, but they are both going 50mph when they are both going 50mph. An amp putting out 50W is as loud as any other putting out 50W.
The specs also may be inaccurate regarding peak power, but there isn't one set of specs for tube and one for solid state, nor is there one set for PA speakers and one set for guitar speakers.
That is the issue, not the differences in the speakers. Two speakers that spec the same using the same standards will perform the same, be they PA or guitar speakers. There aren't special specs for guitar speakers, just inaccurate and incomplete ones.
Some makers follow AES (like Eminence and JBL) some don't, like Celestion and Fender. They give power ratings with no mention as to whether they are peak, RMS, or program. Looking at the specs for an Eminence or JBL guitar speaker gives you the exact limits of the speaker.
Again, it comes down to specs, not construction or type of signal you throw at the thing. 120W peak? 120W program? With no reference point, you just can't tell. I can only assume Celestions are either rated conservatively, or with program not peak specs.
But you are right, his Celestion cab will probably be fine.