What can I tell you, math is math. 720/432 = 1.666666666666667
720/405=1.777777777777778
16/9=1.777777777777778
Are you confusing non-square pixels with square or something? Non-square pixels should only be used for standard video frame sizes I think. For example DVCProHD 720p is 16:9. And it’s pixels are 960×720 which, if the pixels weren’t rectangular, would be 4:3.
Anamorphic DV Widescreen is the same way. 720×480 equates to 862×480 in square pixels. So if you don’t convert the pixels to square and are still viewing them as non-square pixels then yeah, 720×432 might be right, because the pixels are elongated. But you can’t use that file format anywhere but in a program designed for video production where you can tell it they are non square pixels. If you open it in QT player, the circle should no longer be oval. If it’s looking round in QT player, you probably didn’t start with anamorphic footage or something got processed incorrectly along the way.