The only thing that makes the detailed percentages hard to understand is the fact that we are not certain what exactly those percentages mean. Viewing it this way, we can take that fact that they are reported this way as a clue that they are referring to some aspect of shielding that discharges or declines at a measurable rate when exposed to some force exceeding a presumably known figure (below which the shields would "hold" without notably declining in effectiveness in the short term).
I still imagine many of these reports must be some sort of crunch-time spoken shorthand, considering all the factors they must be covering; after all, we sometimes hear references to multiple different shields that can decline at different rates, or have seen shield setups that appear to be odd shapes that conform closely to the hull instead of an integrated "bubble," or can imagine that some weapons may inflict continuing disruption to the shield over time, or that some disruption to the effectiveness is actually coming from physical damage to the grid along the hull that is "projecting" the field, and so on. It'd be a lot of information about the shields to explain quickly, and while it makes a shorthand report like "Shields down to half!" understandable in an emergency, it also makes the precision of "shields at 42.3 percent!" seem somewhat without purpose.