ChargePoint
CHPT
#5445
Rank
$0.79 B
Marketcap
$1.90
Share price
0.00%
Change (1 day)
-79.92%
Change (1 year)

P/E ratio for ChargePoint (CHPT)

P/E ratio as of March 2024 (TTM): -1.79

According to ChargePoint's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -1.79245. At the end of 2022 the company had a P/E ratio of -9.72.

P/E ratio history for ChargePoint from 2021 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-9.72-36.55%
2021-15.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
42.4-2,467.69%๐Ÿ‡บ๐Ÿ‡ธ USA
6.03-436.52%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.