The invention discloses a public voltage compensation circuit, a public voltage compensation method and a liquid crystal display (LCD) device, belonging to the display field. According to the public voltage compensation circuit, the public voltage compensation method and the liquid crystal display device,, the compensation accuracy is high, more stable public voltages can be acquired, phenomena such as residual images, abnormal gray scale display, crosstalk and the like caused by public voltage offset can be avoided, and the display effect is improved. The public voltage compensation method comprises the following steps: comparing a feedback voltage with a reference public voltage output by a public voltage generation circuit; generating a compensation control signal according to a comparison result; and according to the compensation control signal, compensating a public voltage. The public voltage compensation circuit comprises a comparison unit, a logic unit and a compensation unit.