ChargePoint Holdings Inc. (CHPT) in Campbell, Calif., made its stock market debut on March 01, 2021, through an SPAC merger. The company provides hardware, software, and services portfolios for commercial, fleet, and residential consumers. Although the company's shares have gained 27.5% in price over the past month, the stock has slumped 43.8% over the past nine months and 23.5% over the past six months to close yesterday's trading session at $17.47.
In terms of trailing-12-months Price/Book, the stock is currently trading at 4.56x, which is 81.8% higher than the 2.51x industry average. Also, its 10.90x forward EV/Sales multiple is 537.5% higher than the 1.71x industry average. Furthermore, CHPT's 12.15x forward Price/Sales is 771.1% higher than the 1.39x industry average.
