The invention relates to the field of composite steel plates, and particularly discloses a composite wear-resistant steel plate and a preparation method thereof. The composite wear-resistant steel plate comprises a base plate and a wear-resistant plate, wherein the wear-resistant plate is composed of the following components: Cr, Mn, Al, V, C, Zr, TiB2, MoSi2 and the balance Fe and inevitable impurities. The preparation method comprises the steps that Cr, Fe, Al, Mn, V, Zr and ethyl alcohol are mixed to form a first primary mixture; TiB2, MoSi2 and C are mixed to form a second primary mixture;the first primary mixture and the second primary mixture are mixed, heated, melted, pressed into a blank, annealed, cooled and ground to obtain a wear-resistant plate; and then the wear-resistant plate and the base plate are subjected to heating pressure welding to obtain the composite wear-resistant steel plate. The composite wear-resistant steel plate provided by the invention has the advantageof being good in wear resistance.