The invention discloses an automatic electric quantity calibrating system and an automatic electric quantity calibrating method and belongs to the technical field of electromagnetism measuring. An automatic electric quantity calibrating device mainly comprises a computer, an AD / DA (analog to digital / digital to analog) module, a timer / counter module, a signal distribution module, a signal conditioning module, a signal transfer module, a system traceability measuring interface module, an equipment measuring interface module and a system power source module, and the automatic electric quantity calibrating system mainly comprises a self-checking system, a demarcating subsystem, an equipment measuring subsystem, a traceability subsystem and a data, certificate or report processing subsystem. The automatic electric quantity calibrating device has the advantages of small size, light weight, simplicity in operation, functional powerfulness, high accuracy and the like, the calibrating system applies signal-oriented designing technologies such as signal distribution, conditioning, converting and measurement adaption, measuring signal excitation and testing are realized, and requirements of automatized calibration of automatic testing systems under laboratory and carry-out conditions can be met.