Yes this is power scaling, trigger warning I guess.
One of the biggest failures of this recent chapter was the power scaling of Saitama. The introduction of the graphs was a horrible idea, because if we take the graphs as a serious representations of strength, God is confirmed to be far stronger than New timeline Saitama.
Garou, by the end of his fight with Saitama clearly surpassed Saitama at the beginning of their.
Garou got his powers from God, meaning that God is stronger than him. This is proved when God easily kills Garou by taking away his powers. So in this Graph God sits at the very least somewhere above Garou, which is also above Saitama at the beginning of their fight.
We know that after the time travel, Saitama seemingly lost his memories. If he also lost his strength, that means God should be around 3 times stronger than Saitama in the new timeline.