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The phrase "against this yardstick" is correct and usable in written English.
It can be used when comparing or measuring something based on a specific standard or criterion.
Example: "When evaluating the project's success, we must measure it against this yardstick to ensure we meet our goals."
Alternatives: "by this standard" or "using this benchmark".
Exact(3)
The Chancellor will measure his Budget against this yardstick, but does not have a free hand.
But many believe the standard set by the RSPO is too weak and, against this yardstick, progress amounts to going nowhere fast.
Measured against this yardstick, SkyCache will need to increase its uplink bandwidth radically if it is to stay in the game.
Similar(56)
A property slowdown might endanger some projects by this yardstick.
By this yardstick, some banks face risk-management challenges ahead.
This yardstick doesn't apply to major-party politics.
BPTC providers must adopt this yardstick, at least.
By this yardstick the UK does "unbelievably well", Smith said.
This yardstick is the reciprocal of the P/E ratio.
This yardstick has its value, but there are hazards in relying too heavily on it.
So by this yardstick, gold now has some catching up to do.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com