Consider the following information which relates to a given company:

Item 2019 Value Earnings Per Share $6.19 Price Per Share (Common Stock) $37.17 Book Value (Common Stock Equity) $62.69 Million Total Common Stock Outstanding 2.5 Million Dividend Per Share $5.08

Analysts expect that the company could maintain a constant annual growth rate in dividends per share of 6.85% in the future, or possibly 8.3% for the next 2 years and 6.13% thereafter. In addition, it is expected that the risk of the firm, as measured by the risk premium on its stock, to increase immediately from 8.39% to 12.08%. Currently, the risk-free rate is 5.63%.

Required: Determine the firm's current book value per share.