A psychological stress estimation method includes obtaining a physiological signal of a user corresponding to a current moment, determining a first stress indicator of the user based on the current moment and a cyclic stress model of the user, determining a second stress indicator of the user based on the physiological signal of the user corresponding to the current moment and an instantaneous stress model of the user, where the physiological signal is an input of the instantaneous stress model, and determining the current stress indicator of the user based on the first stress indicator and the second stress indicator.
