If it's like the speedo on BMW K-bikes, it's a magnetic sensor issuing pulses from the rear wheel. The display is a simple dial, but is really a voltmeter. The key is that the pulses are integrated by an opamp; taking the pulse train and accumulating/averaging it into a voltage.
Given manufacturing variances, there is a trim pot to set the opamps' gain. That's how BMW did it on all K-bikes and sets the calibration.
If it's a digital display; unless it's Really off, you'll probably have to live with it. Calibrating a digital entails remapping the pulses/sec -> display value, stuff embedded in the instrument controller. By the time you figure out how to do that, you've built your own instrument Several times over. I've built 3 instrument clusters for K-bikes, you just Can't get access to anybodys' embedded code (other than your own).