More commonly, LEDs and other lighting products, are rated in units of luminous efficiency in terms of lumens per watt, a more useful metric for most lighting applications because while candelas tell you the total amount of light output, lumens tell you how much light what you're illuminating will get--how bright it will appear. You can derive that from candelas, too, of course but you have to use a little math and know the radiating angle of your light source.