I'd say it's probably on the same level, all things considered. The memory bandwidth on them should be roughly similar (~21 GB/s theoretical, I think it's a little less on the BCM2712), P8600 has 3 MB of L2 vs. 2 MB L2 + 2 MB L3 on the Broadcom SoC (but this is very architecturally dependent), VideoCore VII probably doesn't quite catch up to the GT 220 in performance and certainly doesn't in driver support, although it is certainly aided by the presence of hardware decoders that allow 4K video playback otherwise impossible on the vintage Nvidia GPU. Processing core itself is a little tricky, both ARM and x86 have their strengths, I'd guess it'd be down to the SIMD throughput, since they're completely different ISA CPUs. Both have Gen 2 PCIe support, so... really tricky.
If anything, I'd probably place my bet on a desktop-grade E8600 (with full 6MB L2) still being all-around better? More or less educated guesses, couldn't find any benchmarks or anything that seemed even remotely relevant. Benchmarks wouldn't do this justice anyway as they're in completely different weight classes and purposes anyhow, and software plays a part on how fast a system can be - hard to go lower footprint than Windows XP, which is an option here.