Unless you're really keen on physics/optics/mechanical design, then you're really best served with going by 20droger's last line: An f-ratio on one lens is effectively the identical to the same ratio on a lens of a different length.
The actual physical openings involved may differ from what the math states due to issues in lens design. (I've not torn one apart or gotten around to looking at details on the lens designs, but I'm told that most of Canon's constant aperture internal focusing telephoto lenses are doing some really neat things.) The rabbit hole goes a little deeper when you start wandering into the issue of effective light transmission values, as most lenses will not actually preform exactly the way focal ratio itself suggests it should due to losses and inefficiencies in how light is transmitted through the glass elements. So transmission stop values are more precisely measured, but this is rarely actually an issue, and it is unlikely that you're ever going to notice.
It becomes an issue when you're dealing with high precision things, and it can make some tasks easier, but I've not come across it outside of cinema or lab grade equipment. (For movie production it can be important when you're shooting the same scene with multiple cameras, or doing zoom shots. With still photography you're unlikely to notice the small difference in exposure, but the dimming effect may become apparent in a movie, and such balance issues become more of a headache to adjust.)
Canon EOS 7D | EF 28 f/1.8 | EF 85 f/1.8 | EF 70-200 f/4L | EF-S 17-55 | Sigma 150-500
Flickr: Real-Luckless