The invention relates to the technical field of pipe cutting, in particular to a PE pipe cutting device convenient for waste collection. The device comprises a mounting base, a plurality of fixing devices are arranged in the mounting base in the length direction of the mounting base in a bilateral symmetry mode, a cutting device is arranged on one side of the upper surface of the mounting base, a left baffle and a right baffle are symmetrically arranged at the positions, close to the middle, of the upper surface of the mounting base, a plurality of connecting devices are arranged on the left baffle, and a filtering device is arranged on one side, close to the bottom, of the mounting seat; the mounting base comprises a mounting shell, and cutting grooves are formed in the mounting shell in a bilateral symmetry mode; each fixing device comprises a fixing bottom frame and a fixing upper cover arranged on the upper side of the fixing bottom frame; and the left baffle and the right baffle each comprise a square baffle, one end of each baffle is fixedly connected with a square pasting strip, and one side, provided with the pasting strip, of the right baffle is fixedly connected with a blocking strip. The PE pipe cutting device mainly solves the problem that waste residues generated by the cutting of a cut PE pipe can be accumulated on the cutting device.