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Ivanhoe Systems had net income of $3.339 billion and, at year end, 5.300 billion shares outstanding. In addition, the company's EBITDA was $7.950 billion

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Ivanhoe Systems had net income of $3.339 billion and, at year end, 5.300 billion shares outstanding. In addition, the company's EBITDA was $7.950 billion and its share price was $22.05. Compute the firm's price-earnings ratio. (Round answer to 1 decimal place, e.g. 12.5.) Ivanhoe's price-earnings ratio is times.

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