In the study of the theory of enterprise growth, based on characteristics of small and medium-sized enterprise growth, the nine growth indexes of small and medium-sized enterprise growth are selected which are to make an objective evaluation, The evaluation index system structure is established by the AHP method, The index synthetic weight is calculated by geometry average method; Some the small and medium-sized enterprises in Henan province are listed and are researched which are from the Shanghai &Shenzhen stock market; the evaluation result is analyzed and compared From different aspects.