The invention provides a PDP estimation method and system in NR based on a TRS, and relates to the technical field of power delay spectrum estimation, and the method comprises the steps: 1, obtaining a frequency domain channel estimation value according to a system instruction; 2, after the frequency domain channel estimation value is obtained, obtaining an observation matrix pi; 3, taking the N-dimensional DFT matrix as a sparse matrix, and obtaining a specific multipath position and multipath power through a compressed sensing algorithm, thereby obtaining accurate PDP estimation; 4, after the observation matrix II is selected in the step 2, the observation matrix II can be obtained by the rest pilot frequencies through the random generation method again, repeating the step 2 and the step 3 again, obtaining PDP estimation, two estimation results being averaged, and obtaining a better estimation result; finally, an observation matrix II is selected in the fourth step, and the PDP estimation frequency is determined according to performance requirements. According to the method, the accuracy of PDP estimation can be improved, the robustness is higher, and the complexity is reduced.