not sure if 3/4 is too much, but i had a unit of armoured sergeants going down to 15+ men after received two cav charges (almost simultaneoulsy). the cav were probably down to 35+ each before w/drawing.
imo spear in TW (not sure about historically) isnt a cav counter, more like a cav deterrence; and to fight in h2h. I'm not familiar with history, but were the pike invented just for the cav? sounds funny to me considering they can never attack the cav. Pike looks more like a reinvention of the phalanx, a unit good at holding ground vs not only cav, but other infantry? Shouldnt they be decent vs sword/axemen?
To me, the spear needs less training than using a sword, so is cheaper, not as deadly in single h2h (unless they trained like Jet Lee).. not sure if historically can one withstand a cav charging.
So to counter cav, is to use another cav. And manoevure like Cheetah mentioned, whereby you protect against / deter the cav with spear from hitting certain spots.
But cav should not be able to rout a decent h2h unit which is not engaged, fully prepared and ready mentally for a single cav charge imo. so far for my games m2tw is realistic in this aspect.

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