The invention discloses a fiber-reinforced bituminous waterproof sheet material which comprises the following raw materials in parts by weight: 81-90 parts of bitumen, 0.5-1 part of allylsulfocarbamide, 0.6-1 part of ethyl naphthol, 2-3 parts of calcium aluminate, 2-3 parts of polybenzimidazole fiber, 1-2 parts of coconut charcoal fiber, 2-3 parts of tetrahydrofurfuryl alcohol, 1-2 parts of barium metaborate, 3-4 parts of polystyrene, 25-30 parts of diatomite, 0.1-0.2 part of dicumyl peroxide, 20-30 parts of hydroxyl silicone oil, 30-40 parts of a 6% NaOH solution, 6-10 parts of alkali lignin, 2-3 parts of epoxy chloropropane and 6-8 parts of petroleum ether. According to the fiber-reinforced bituminous waterproof sheet material, provided by the invention, alkali lignin is subjected to epoxidation treatment, the crosslinking degree of lignin molecules is increased, and then polystyrene and fibers are subjected to hybrid modification, therefore the surface strength and the water-resisting property of the modified material are improved, and the insulativity, the mechanical property, the heat stability and the adhesiveness of finished products are further improved when the modified material is further mixed with epoxidized lignin.