The invention relates to a power transformer winding deformation state multi-information detection method and device, and belongs to the technical field of power equipment fault diagnosis. The method comprises the steps of detecting current, voltage and a phase angle at a high voltage side and a low voltage side, detecting ultrasonic signals, detecting vibration signals, thereby realizing online detection, fault phase detection, fault position detection and fault type detection for the winding deformation state, and effectively solving a problem that the running state, the fault position and the fault type of a power transformer winding cannot be effectively detected because of the simplified detection signals. The device comprises a voltage transformer, a current transformer, an ultrasonic probe, a vibration sensor, a signal conditioning circuit, an AD conversion circuit and a central processing unit, wherein the output ends of the voltage transformer, the current transformer, the ultrasonic probe and the vibration sensor are connected with the input end of the signal conditioning circuit, the output end of the signal conditioning circuit is connected with the input end of the central processing unit through the AD conversion circuit, and the output end of the central processing unit is connected with a communication bus.