Mine presents itself in quite an odd way, and I'm not sure how common this is (probably not so much). I think I'll just add more confusion to the subject with this, but here it goes.
If we only count physically-induced PEM, I would be a very mild case with a close-to-normal life. I do have PEM after physical activity but my threshold for it is very high, these activities are somewhat demanding for healthy people too. Examples of what induced PEM in me: assembling a heavy bed; taking a long walk to a museum, spending about 2-3 hours there, then walking back; taking down, washing, then putting back my (many, long) curtains. What happens afterwards: the day this happens I end up with a normal level of exhaustion, but PEM always starts the next day and lasts for two days, like clockwork, making it difficult for me to carry out normal daily activities during that time.
So why does this bother me if I can do quite a lot physically and pacing would be easy for me? Because environmental/sensory stimuli trigger the same symptoms much more easily in me and this creates a much bigger struggle in my life. However, I don't know if this is the same as PEM. The symptoms are the same, at least I can't really tell the difference, but while with physically-induced PEM I have a 24-hour delay, the response to the environmental trigger is quite quick. Otherwise, they feel the same.
So because of this, I never really know how to rate my severity, because often I don't fit the description of the categories. By one factor, I'm very mild, by another one, I'm somewhere between mild and moderate but probably worse on really bad days.
I'm not sure if there are others whose physical-enviromental/sensory triggers are similarly imbalanced but I wish I only had (my very mild) PEM.