A 630 chain has 3/4 inch pin spacing vs the 530's 5/8 spacing. This makes the sprocket teeth spaced farther apart on the 630 setup. So, be wary of 630 and 530 sprocket tooth count comparisons.
The Honda Micro Fiche calls for an 88 link 630 chain for the 78 Cb750F, endless type.
Rear sprocket - 43 T.
Front sprocket - 14 T.
This gave a final drive ratio of 3.071
I agree, with damage like what you've shown, I'd replace both sprockets and chain. I would also consider changeover to a 530 type chain along with the sprockets. Modern chains can have tensile strengths beyond the older 630 chains, are lighter and more readily available.
If, for example you were to select an 18/48 combo in 530, you would have 2.667 final drive. The higher tooth counts (and sprocket diameters) make for a longer wearing set of sprockets and chains.
A 17/48 combo in 530 would be 3.101 final drive, and give the more spirited acceleration it had from the showroom. However, touring would be "buzzier".
Cheers,