Global (TSE:3271) Owner Earnings per Share (TTM): 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3271 Global Ltd TSE:3271
38 GF Score
Price 円1,270.00
GF Value 円830.35
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Global Owner Earnings per Share (TTM)?

Global TSE:3271 38 Owner Earnings per Share (TTM) is 0.00 as of Mar. 2026. GuruFocus rates TSE:3271 with a GF Score™ of 38/100 and a GF Value™ of 円830.35 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 790 Real Estate companies, Global ranks worse than 126582.15% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Global does not have enough data to calculate Owner Earnings per Share (TTM), so as Price-to-Owner-Earnings ratio.


The historical rank and industry rank for Global's Owner Earnings per Share (TTM) or its related term are showing as below:


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Global was 3.10. The lowest was 0.56. And the median was 1.84.


TSE:3271's Price-to-Owner-Earnings is not ranked *
in the Real Estate industry.
Industry Median: 9.615
* Ranked among companies with meaningful Price-to-Owner-Earnings only.

Global's Earnings per Share (Diluted) for the three months ended in Dec. 2025 was 円0.00. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was 円98.54. It's PE Ratio (TTM) ratio for today is 12.89.

Global's EPS without NRI for the three months ended in Dec. 2025 was 円0.00. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was 円98.89. It's PE Ratio without NRI ratio for today is 12.84.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Global Owner Earnings per Share (TTM) Related Terms


Global Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Global's Owner Earnings per Share (TTM) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Global Owner Earnings per Share (TTM) Chart

Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.07 -222.06 461.35 -410.45 603.97

Global Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Owner Earnings per Share (TTM) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 603.97 0.00 0.00 0.00

Global Owner Earnings per Share (TTM) Competitor Comparison

For the Real Estate - Diversified subindustry, Global's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Global Price-to-Owner-Earnings vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Global's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Global's Price-to-Owner-Earnings falls into.


TSE:3271
38GF Score
Global Ltd TSE:3271
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Global does not have enough data to calculate Owner Earnings per Share (TTM). Please check Wal-Mart Stores Inc, as your reference.

What does a Owner Earnings per Share (TTM) of 0.00 mean?
Global (TSE:3271) has a Owner Earnings per Share (TTM) of 0.00 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Global. According to the industry distribution chart, Global ranks #999999 out of 790 companies in the Real Estate industry.
Is Global's Owner Earnings per Share (TTM) too high?
Global's current Owner Earnings per Share (TTM) is 0.00. Based on the distribution chart, Global ranks #999999 out of 790 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Global has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global's Owner Earnings per Share (TTM) compare to competitors?
According to the Real Estate industry distribution chart, Global ranks #999999 out of 790 companies for Owner Earnings per Share (TTM). This places Global in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 9.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Real Estate company?
The median Owner Earnings per Share (TTM) among Real Estate companies is 9.62, based on 790 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Global. For the Real Estate industry, the median Owner Earnings per Share (TTM) is 9.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global's current Owner Earnings per Share (TTM) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global stock overvalued right now?
Based on GuruFocus' analysis, Global (TSE:3271) is currently considered Significantly Overvalued. The stock's GF Value™ is 円830.35, compared to a current price of 円1,270.00 — trading 52.9% above its estimated fair value. The current Owner Earnings per Share (TTM) is 0.00. Global's overall GF Score™ is 38/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Global (TSE:3271), the current Owner Earnings per Share (TTM) is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Global (TSE:3271) Overvalued in 2026?

Based on GuruFocus' analysis, Global stock appears to be overvalued. The current stock price of 円1,270.00 is trading 52.9% above its estimated GF Value™ of 円830.35. GuruFocus considers Global to be Significantly Overvalued.

Key valuation signals for TSE:3271:

  • Owner Earnings per Share (TTM): 0.00
  • GF Value™: 円830.35 vs. price of 円1,270.00 (52.9% above fair value)
  • GF Score™: 38/100 with 8 warning signs

No single metric tells the full story. See the TSE:3271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Global Business Description

Address 2-4-1 Nishi-Shinjuku, Floor 18, Shinjuku-NS building, Shinjuku-ku, Tokyo, JPN, 163-0818
Global Ltd is a Japan-based company engaged in the real estate business based in the metropolitan area, including the development and sale of condominiums and profitable properties.
38GF Score

Get the complete analysis for TSE:3271

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円1,270.00
Price
円830.35
GF Value