Serious? Daredevil took a lot of ninjas and had a big problem to beat the Punisher, having lost by him a few times. Punisher had problem to beat Pilgrim. Pilgrim can beat at least a few ninjas in hand to hand. If he uses guns he can take a lot of ninjas.
Pilgrim stomps both rounds. I think people get too carried away with the fodder scaling thing. At the end of the day, they're still subject to constraints that dictate fodder competency; Pilgrim's showings against Frank are enough to suggest that this is a slaughter in his favor.