DAW sample-peak meters show instantaneous peak amplitude and are a poor guide to perceived loudness or headroom adequacy
Standard DAW mixer meters display sample-peak values — the amplitude of the highest audio sample at each instant. They react to the briefest transients that would be irrelevant on an analogue console. Analogue meters (VU: 300ms averaging window; PPM: ~10ms window) are deliberately integrating — they display average level, which correlates better with perceived loudness and headroom usage. Sample-peak meters are a legacy of 16-bit digital recording when avoiding clip was paramount; once sufficient headroom is maintained they convey little useful information. The meter might show OK levels while a plug-in further down the chain receives overloaded signal from a different point in the signal chain.
Examples
A compressor with 12 dB of gain make-up applied after an EQ boost could produce a signal 15 dB louder at the bus than the input meter suggests, even while the channel meter shows green.
Assessment
Explain the difference between a VU meter, a PPM meter, and a sample-peak meter. Which provides the most useful mixing guidance and why?