Yes and no - the rating is comparing the combustion of the given fuel with isooctane. There are fuels that burn "better" than pure isooctane, hence the comparison factor goes beyond 1.0 or 100 percent as soon as you stop making your fuel just from natural gasoline.
Mathematically, you can of course achieve 150 percent in a comparison, but there is no such thing as 100.0001 percent purity of something. It's either entirely homogenous which is 100 percent, or something below that.
I guess the ratings given on those bottles are also in comparison to some reference quality, not the absolute purity of the contained chemical.