Consider a company which had revenues of $48 million over the last twelve months. Depreciation and amortization expenses were $7 million. Operating margin was 43.3%. It has $24 million of debt, $4 million in cash, and 9 million shares outstanding. Comparable companies are trading at an average trailing EV/EBITDA multiple of 23. How much is each share worth using relative valuation? Round to one decimal place.