Yes, that example would be a huge offset like front wheel drive cars and new cars use.
A common offset for our type of old cars would be ET or +5 to maybe +15.
The typical old aftermarket wide deep dish wheels would be -20 to -50 or more. Very few had close to zero offset.
Backspace is not the same thing, offset will vary with wheel width if backspace stays the same. For instance an 8" wide wheel with 5" backspace is likely to fit a stock wheelwell, a 10" wheel with 5" backspace will hang out and a 6" wheel with 5" backspace will have the tire against the inner wheelwell or spring with lots of room outboard.