To be accurate,
IE = IC + IB
Therefore, calculate hFE = IC/IB = (IE - IB) / IB = (IE / IB) - 1 from my measurement.
For both beta and my vacuum-tube grid measurements, if the plate-cathode or collector-emitter voltage be critical to the measurement, one can add a high-impedance voltmeter at the cathode or emitter to ground to correct the supply voltage measurement.
Sometimes, you also need to know the base-emitter or grid-cathode voltage at a given current.
Just as in Dante, about the 1% error in the Julian calendar:
Ma prima che gennaio tutto si sverni
per la centesma ch'è là giù negletta
Paradiso, canto XXVII, line 143