A high toughness inorganic composite artificial stone panel and a preparation method thereof are disclosed. The panel comprises a surface layer, an intermediate metal fiber toughening layer and a substrate toughening layer. The surface layer comprises the following raw materials in parts by weight: 40 to 70 parts by weight of quartz sand, 10 to 30 parts by weight of quartz powder, 20 to 45 parts by weight of inorganic active powder, 0.5 to 4 parts by weight of pigment, 0.3 to 1 part by weight of water reducer and 3 to 10 parts by weight of water. The intermediate metal fiber toughening layer comprises the following raw material components in parts by weight: 40-60 parts of inorganic active powder, 45-65 parts of sand, 0.8-1.5 parts of water reducer, 6-14 parts of water and 4-8 parts of metal fiber. The substrate toughening layer comprises the following raw material components in parts by weight: 30-50 parts of inorganic active powder, 30-55 parts of quartz sand, 15-20 parts of quartz powder, 0.5-1.2 parts of water reducer, 4-8 parts of water and 0.8-2.5 parts of toughening agent. The panel has the advantages of good volume stability, low shrinkage, no warping deformation in use, extremely low water absorption, good durability, no aging and the like, strong bonding between layers, good ductility and no instant brittle fracture, and can be used as a bearing capacity structure with good surface pollution resistance, and is suitable for popularization and use.