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Or, in other words, nothing like a sparkline. This visualization is useful for gauge-like displays. Sparklines suck at communicating scale or proportion or context if the context is anything other than recent historical values. I could see a sparkline — or better yet, a simple yet properly labeled line graph -- complementing a bullet chart to show historical data. If something can effectively complement another thing, then they probably are not basically the same thing.
A lot of places I have worked at would love this to show a KPI in a simple manner, and they didn't care about the time axis and this type of slide was common:

    KPI #13

    2018: 124
    2019: 125 (A BIGGER NUMBER THAN 2018, YAY!)