This seems like it's probably within spec (i.e. not a terribly accurate meter, but not far off).
One other thing to keep in mind is that the laptop supply will probably produce a slightly higher voltage without a load -- that is, you'd get a value closer to 19v if you were able to measure it while charging the laptop.
I'm just a hobbyist, so take this with a grain of salt, but it matches my understanding.



