The invention discloses a pet water dispenser of circulating water. The water dispenser comprises a drinking water tray, a circulating water bucket, a drainage pipe and a standby water bucket, water flows to the drinking water tray through the circulating water bucket, overflows the drinking water tray, and flows back to the circulating water bucket to form a circulating water loop; the circulating water loop is provided with a water pump, a water purification device, and the standby water bucket is communicated with an inlet of the water pump through a water replenishing valve. After a pet drinks water in the circulating water bucket, the water replenishing valve is turned on, and water in the standby water bucket flows into the circulating water loop and is taken as a supplementary watersource; the smaller circulating water bucket and the bigger standby water bucket can be selected, the flow of water in the circulating water loop is smaller, and the smaller water pump can be selected so that water cannot be easily contaminated; the standby water bucket can make the circulating water bucket continuously supply water to avoid the phenomenon of flow cutoff; the pet water dispensercan continuously and stably provide clear circulating water in small flow for a long time, and the pet can conveniently drink water.