The present application relates to the field of signal processing, and in particular to a shortwave delay estimation method, system, computer equipment and readable storage medium, wherein the shortwave delay estimation method includes: a parameter initialization step, initializing the initial parameters of the filter, the initial Parameters include: weight coefficient vector W, number of iterations k max and convergence factor μ ;Signal modulo step to obtain the received two-shortwave multipath signal y 1 , y 2 , for two of the shortwave multipath signals y 1 , y 2 After the modulo is taken, the mean square error is obtained; in the step of obtaining the delay estimation result, the weight coefficient vector is iteratively updated based on the principle of minimizing the mean square error, so as to obtain the delay estimation result. Through the present application, the interference of the channel gain function to the signal is overcome, and a more accurate estimation of the relative time delay of the short-wave signal is achieved.