You are trying to place a value on shares of PhotoChat in preparation for their upcoming IPO. One PhotoChat competitor is publicly traded; the competitor has an enterprise value of $5,249 million and an expected EBITDA of $838 million. PhotoChat's expected EBITDA is $2,501 million, its excess cash is $6,850 million, and its debt is $9,023 million. PhotoChat has 249 million common shares outstanding. Based on this information, what is your estimate of the per-share value of PhotoChat stock? Round your answer to two decimal places and omit dollar signs (i.e., enter $2,001.271 as 2,001.27)