For 120v motors, 6.2 amps is one "electrical" horsepower, for 240v motors, 3.1 amps is 1 "electrical" horsepower.
It gets tricky because electric motors have varying efficiency, so 1 electrical horsepower doesn't translate into 1 mechanical horsepower. For most large single phase motors (~1 horsepower and up) you can ballpark it with an efficiency of around 75%. So a 1HP 120V motor will probably use around 8-8.5 amps. Modern "premium" high efficiency motors are around 80-85% efficient, so a 1HP motor would only use ~7-7.5 amps.
Things get a little dicey when you get into the fractional horsepower motors (like 3/4, 1/2, 1/6). These motors tend to be far less efficient in general, and the efficiencies of these motors can be all over the place - anywhere from ~50% to ~80%. A lot of them seem to hover around the 60-70% mark. All of that makes it hard to determine horsepower from the nameplate amps in fractional power motors.
If the nameplate current is less than 7 amps, it's just about guaranteed to be less than 1HP. If the tool doesn't advertise its horsepower, or prominently advertises its "amps", chances are it's a garbage inefficient motor that hardly puts out any power.