The invention discloses a wear resistant high-strength corrugated board and a preparation method thereof. The corrugated board is formed by compounding upper-faced paper, a V-shaped corrugated core and lower-faced paper, the V-shaped corrugated core is composed of a corrugated core base layer and protective layers sizing on both sides of the base layer, the corrugated core base layer is prepared from the following raw materials in parts: 100 parts of red pine wood pulp, 30-50 parts of bamboo pulp, 20-30 parts of fluff pulp, 40-60 parts of waste paper pulp, 1-5 parts of cyclodextrin, 10-15 parts of oxidated cassava starch, 4-8 parts of composite reinforced fibers, 1-3 parts of cationic polyacrylamide, 0.01-0.1 part of sodium sorbate, 0.1-0.3 part of antimonous oxide, 0.1-0.5 part of poval,5-7 parts of polydimethylsiloxane, and each protective layer is prepared from the following components in percentage by weight: 40-60% of a hydroxylation graphene modified ylate emulsion, 5-10% of sodium caseinate, 20-30% of cationic rosin size and 15-20% of montmorillonite. The corrugated board has the high mechanical strength, excellent wear resistance, excellent shock resistance, excellent water resistance and excellent moisture resistance, has certain antibacterial and mildew-proof effects, the preparation technology is simple, operation is convenient and fast, and repeat sizing is not needed.