The invention discloses a method and equipment for evaluating physical strength indexes in running exercise, and the evaluation method comprises physical strength grade evaluation and physical strength state evaluation, and specifically comprises the steps: firstly, respectively collecting the motion state data of a current user in 7 days and 28 days, and respectively building a second model equation and a third model equation; then, calculating the maximum oxygen uptake of the user according to the physiological feature data of the user and the calculation formula of the maximum oxygen uptake; then, according to the second model equation and the third model equation, obtaining a first standard matching speed and a second standard matching speed, and then substituting the first standard matching speed and the second standard matching speed into a preset first model equation in sequence so as to obtain a first physical strength value and a second physical strength value; and finally, according to the first physical strength value, looking up a table to obtain the physical strength grade of the current user, and according to the difference value DV between the second physical strength value and the first physical strength value, looking up the table to obtain the physical strength state of the current user. By adopting the evaluation method, the evaluation result is high in accuracy and high in referenceability.