It's going to depend upon the quality and design of the tool but those numbers seem very low.
My 3/8" Precision Instruments torque wrench has a 20-100 lb-ft scale. I keep a 1/2" adapter on there basically 24/7 and have used it to torque lug nuts plenty (80 lb-ft). They wouldn't rate it any higher if it was going to break.
Hazet publishes rather impressive max specs for their HP ratchet mechanisms which are as follows:
12.7mm (1/2") --> 1000Nm (738 lb-ft)
9.5mm (3/8") --> 400Nm (295 lb-ft)
3.65mm (1/4") - - > 120Nm (89 lb-ft)
You can see point of failure on their 1/2" mechanism is pretty spot-on to the rated value (near 6:55 timestamp):
Obviously you wouldn't want to take it to the failure point regularly (and the rating on their 1/4" mechanism seems a little questionable imho) but you can see that good quality tools can go much higher than Snap-on's values.
Here's another example from the Koken catalog:
Guessing numbers from the ratchet graph, that looks like maybe 80Nm (59lb-ft) for 1/4", 240Nm (177lb-ft) for 3/8", and 610 Nm (450lb-ft) for 1/2". And that's probably for their cheapest classic Proto-style ratchets (pictured), not the fancy Z-series stuff with stronger engagement.
I would say either Snap-On tools **** massively and shouldn't be used... or they are fudging the ratings and lying to you to try to sell more tools. Pick your poison.
