The invention relates to elastic grouting water-stop glue. The invention relates to a polyurethane hot melt adhesive which comprises the following components in percentage by weight: 40%-41% of polyether polyol, 7.3%-7.7% of polyphenyl polymethylene polyisocyanate, 26%-28.5% of plasticizer, 23.5%-24.5% of filler, 0.2%-0.4% of pigment and 0.2%-0.6% of antioxidant. The plasticizer is prepared by mixing four of dioctyl phthalate, diisooctyl terephthalate, dinonyl phthalate, butyl benzyl phthalate, di-sec-octyl phthalate, fatty acid methyl ester, acetyl tributyl citrate, tributyl citrate and chlorinated paraffin; the plasticizer is prepared by mixing four of dioctyl phthalate, diisooctyl terephthalate, dinonyl phthalate, butyl benzyl phthalate, di-sec-octyl phthalate, fatty acid methyl ester, acetyl tributyl citrate, tributyl citrate and chlorinated paraffin; the antioxidant is formed by mixing one or two of octadecanol propionate, bis (stearoyl) thiodipropionate, bis (cinnamoyl) thiodipropionate and polysiloxane; the antioxidant is formed by mixing one or two of octadecanol propionate, bis (stearoyl) thiodipropionate, bis (cinnamoyl) thiodipropionate and polysiloxane; the filler is formed by mixing one or two of calcium carbonate, diatomite, talcum powder and carbon fiber; the pigment is formed by mixing one or two of carbon black and graphite.