What i meant was, that a fitness score doesn’t tell you anything about your FTP. The fitness value (CTL) is always relative to your FTP. The TSS results from the intensity factor. If would ride for an hour at your FTP (e.g. 300w), this is 100 TSS, if your FTP increases to 330w, and you ride for an hour at this new FTP, this is still 100 TSS. This means that a higher CTL is only possible by increasing the training volume or the intensity of the training relative to your FTP.
However, the TSS or CTL doesn’t show that your FTP is increasing. And at some point, an increase in volume and intensity is no longer possible. So the fitness value can’t increase forever.
The CTL can certainly be used to plan your season and you can slowly increase it until summer or your target event. For a possible training volume of 6 hours, a target value of 40 (TSS 290) is recommended. For 8 hours it is 55 (TSS 390), for 10 hours it is 70 (TSS 490) and for 15 hours it is 105 (TSS 740). I have these recommendations from Training peaks Help Center.
But it should be noted that not all TSS are the same. To increase the weekly TSS by 100, you can ride an additional 2.5 hours at 64% FTP, 1.5 hours at 80% FTP, 1 hour at 100% FTP or 26 minutes at 150% FTP, or 1 minute at 770% FTP. As you can see there are different ways to increase TSS (and therefore CTL), but each has a different effect, some are even impossible, but all reflect the same value.
And another problem is that the stress of everyday life is not factored into the equation.
So yes and no. It says nothing about how fit you really are. But if you know what it means, you can use it to become fitter.
Here is how I will do it. I slowly increase my hours of indoor training, to my maximum hours what is possible indoors. Then I add some intensity. In spring I will increase the hours even more, because riding outside for longer is for most easier. I then increase some intensity again. That helps to increase the fitness value slowly until summer and some gran fondos. The fitness value will reflect what I feel. In fall i reduce the hours, and the fitness value will decrease again. But that’s ok, because I want to reach my target in next summer again and not in winter.