The invention discloses an ointment for treating chilblain, which relates to a Chinese herb medicament and is prepared from the following raw materials in part by weight: 1 to 2 parts of turmeric root-tuber, 2 to 5 parts of garden burnet root, 2 to 3 parts of bletillae, 1 to 3 parts of siberian cocklour fruit, 3 to 10 parts of persimmon exocarp, 15 to 20 parts of albolene, 15 to 20 parts of sesame oil, 0.25 to 0.50 parts of borneol and 0.25 to 0.50 parts of camphor. A preparation method for the ointment comprises the following steps of: sequentially baking, mixing, crushing and screening the turmeric root-tuber, the garden burnet root, the bletillae, the siberian cocklour fruit, the persimmon exocarp, the borneol and the camphor into powder with a required fineness, drying and sterilizing the powder for later use; and putting the albolene in the sesame oil, heating the albolene and the sesame oil in an iron pan until the mixture is shaped like a ball when falling into water, reducing the temperature by taking the mixture away from the fire, when the oil temperature is lowered to between 50 and 60 DEG C, adding the dried and sterilized powder into the oil while stirring, after uniformly stirring the powder and the oil, lowering the temperature again to the normal temperature, and then packaging and sealing the mixture. The medicament prepared by the method has the efficacies of clearing away heat and toxic materials, relieving itching and eliminating tumescence, activating blood and eliminating stasis, and preventing putrescence and promoting tissue regeneration, and is suitable for the treatment of frostbite, and the total effective rate can reach 90.3 percent.