The invention discloses a comprehensive collection method and a device with three-state data of electrical parameters: steady state, fault recorder data and dynamic data, and the device is characterized in that the device consists of a high-precision time synchronization module, a synchronous sampling pulse module, an alternating current signal conditioning module, an A/D sampling module, a direct current signal conditioning module, a voltage frequency conversion module, a switch quantity signal conditioning module, a signal processing module, a recording module and a high-speed network communication module, etc. The method and the device have the advantages that: the use of the high-precision time synchronization module and the high-performance signal processing and the communication technologies can realize the synchronous collection of the three-state data of the electrical parameters, complete the functions of monitoring, fault recording, phase angle measurement and power quality analysis, etc., improve the data processing capability and the sampling precision, improve the real-time property of an automatic system of a substation, simplify the design, the manufacture and the operation of secondary equipment of the automatic system of the substation and greatly reduce the construction cost and the maintenance cost of the substation.