The invention provides inorganic waterproof heat insulation rock mud. The rock mud comprises Portland cement, bentonite, flocculent staple iron fibers, staple glass fibers, afrodite particles, oil shale particles and hydrophobic pearlite particles. The rock mud has the beneficial effects that the rock mud is scientific in formula, has excellent properties, is used after adding water and stirring the materials uniformly, and is simple in construction process; compared with the prior art, the rock mud has the advantages that the heat conductivity ratio of the rock mud is low by 29.6% and the heat conductivity is good; the bulk density is 39.7%, so that the weight load of a wall can be effectively reduced; by adopting the rock mud, buildings have stronger waterproofing, heat insulation and sound insulation functions; the rock mud is light, has high strength, is free from cracking, hollowing, falling, molecule fission and aging and has long service life as the wall; a fiber ball netty pulling and tying structure is formed after the rock mud is formed, so that the wall is free from moisture retention, moisture condensation and mildew and then the buildings are warm in winter and cool in summer; the rock mud has good intermiscibility, flame retardance and aging resistance, can be recycled, is low in comprehensive cost and is an energy-saving and environment-friendly building material.