Rebase (TSE:5138) Owner Earnings per Share (TTM): 24.92 (As of Mar. 2026)

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TSE:5138 Rebase Inc TSE:5138
80 GF Score
Price 円452.00
GF Value 円1,485.69
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Rebase Owner Earnings per Share (TTM)?

Rebase TSE:5138 -0.66% 80 Owner Earnings per Share (TTM) is 24.92 as of Mar. 2026. GuruFocus rates TSE:5138 with a GF Score™ of 80/100 and a GF Value™ of 円1,485.69 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 238 Interactive Media companies, Rebase ranks worse than 66.81% 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)."

Rebase 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 Rebase's Owner Earnings per Share (TTM) or its related term are showing as below:

TSE:5138' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 14.47   Med: 17.02   Max: 25.24
Current: 18.78


During the past 6 years, the highest Price-to-Owner-Earnings ratio of Rebase was 25.24. The lowest was 14.47. And the median was 17.02.


TSE:5138's Price-to-Owner-Earnings is ranked worse than
66.81% of 238 companies
in the Interactive Media industry
Industry Median: 13.335 vs TSE:5138: 18.78

Rebase's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was 円-3.72. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was 円2.68. It's PE Ratio (TTM) ratio for today is 168.59.

Rebase's EPS without NRI for the three months ended in Jun. 2026 was 円-6.77. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was 円-0.37. It's PE Ratio without NRI ratio for today is At Loss.


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 FactSet. 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.


Rebase Owner Earnings per Share (TTM) Related Terms


Rebase Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Rebase'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.

Rebase Owner Earnings per Share (TTM) Chart

Rebase Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial - - - - 26.45

Rebase Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

TSE:5138 vs GOOGL, META, SPOT: Owner Earnings per Share (TTM) Comparison

For the Internet Content & Information subindustry, Rebase'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.


Rebase Price-to-Owner-Earnings vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rebase's Price-to-Owner-Earnings distribution charts can be found below:

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


TSE:5138
80GF Score
Rebase Inc TSE:5138
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rebase 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)

Rebase 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 24.92 mean?
Rebase (TSE:5138) has a Owner Earnings per Share (TTM) of 24.92 as of Mar. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Rebase. According to the industry distribution chart, Rebase ranks #159 out of 238 companies in the Interactive Media industry, placing it in the top 66.8%.
Is Rebase's Owner Earnings per Share (TTM) too high?
Rebase's current Owner Earnings per Share (TTM) is 24.92. The Interactive Media industry median Owner Earnings per Share (TTM) is 13.34. Rebase's value of 24.92 is 86.9% above this industry median. Based on the distribution chart, Rebase ranks #159 out of 238 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Rebase has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Rebase's Owner Earnings per Share (TTM) compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Rebase ranks #159 out of 238 companies for Owner Earnings per Share (TTM). This places Rebase in the lower half of its industry. The industry median Owner Earnings per Share (TTM) is 13.34. Rebase's value of 24.92 is 86.9% above this benchmark. 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 an Interactive Media company?
The median Owner Earnings per Share (TTM) among Interactive Media companies is 13.34, based on 238 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. Rebase's current Owner Earnings per Share (TTM) of 24.92 is 86.9% above the industry median. 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 Rebase. For the Interactive Media industry, the median Owner Earnings per Share (TTM) is 13.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rebase's current Owner Earnings per Share (TTM) is 24.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rebase stock overvalued right now?
Based on GuruFocus' analysis, Rebase (TSE:5138) is currently considered Possible Value Trap. The stock's GF Value™ is 円1,485.69, compared to a current price of 円452.00 — trading 69.6% below its estimated fair value. The current Owner Earnings per Share (TTM) is 24.92 and 86.9% above the Interactive Media industry median of 13.34. Rebase's overall GF Score™ is 80/100 with 5 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 Rebase (TSE:5138), the current Owner Earnings per Share (TTM) is 24.92 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 Rebase (TSE:5138) Overvalued in 2026?

Based on GuruFocus' analysis, Rebase stock appears to be undervalued. The current stock price of 円452.00 is trading 69.6% below its estimated GF Value™ of 円1,485.69. GuruFocus considers Rebase to be Possible Value Trap.

Key valuation signals for TSE:5138:

  • Owner Earnings per Share (TTM): 24.92
  • GF Value™: 円1,485.69 vs. price of 円452.00 (69.6% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 86.9% above the Interactive Media median (#159 of 238)

No single metric tells the full story. See the TSE:5138 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rebase Business Description

Address 4-26-18 Jingumae, 5th Floor, Harajuku Piazza Building, Shibuya-ku, Tokyo, JPN, 150-0001
Rebase Inc is engaged in the development and operation of the online marketplace Instabase, a platform for matching open rooms to users who can rent them either on an hourly or daily basis, as well as other related businesses. It is a matching service offering that allows customers to make reservations online from their computer or smartphone. Instabase offers a wide variety of spaces, including conference rooms, telework spaces, old houses, photography studios, and dance studios, depending on the usage scenario. In addition, the space can be used for business purposes such as meetings, business negotiations, seminars, training, and study sessions, as well as yoga and dance lessons, photography, home activities, and more.
80GF Score

Get the complete analysis for TSE:5138

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

円452.00
Price
円1,485.69
GF Value