The invention discloses a diode junction capacitance calculation method. The method comprises the following steps: A1, measuring an apparent capacitance value, an apparent conductivity value, an S11 parameter real part, an S11 parameter imaginary part and voltage-current of a diode; A2, calculating a real part and an imaginary part of diode impedance by using the real part and the imaginary part of the parameter S11; A3, according to the impedance relation between the two equivalent circuits of the diode, obtaining calculation formulas of junction capacitance and series resistance; A4, setting an initial junction conductance value Ginit; A5, substituting the initial junction conductance value into the junction capacitance calculation formula to obtain a current junction capacitance value; A6, substituting the current junction capacitance value and the initial junction conductance value into the series resistance calculation formula to obtain a current series resistance value, obtaining a voltage applied to the junction conductance or the junction capacitor according to a voltage-current relationship, and obtaining a current junction conductance calculation value G' according to a conductance formula; and A7, judging whether the difference value between the Ginit and the G' is smaller than a preset threshold value or not; if so, taking the current junction capacitance value as the final value of the junction capacitance; and if not, making Ginit to be equal to G', and executing the step A5 again.