The invention relates to a multifunctional drug shoe pad capable of simultaneously carrying out pharmacotherapy, magnetotherapy and phototherapy, belonging to the field of the external application of traditional Chinese medicine. The shoe pad comprises a surface layer, a drug carrying layer and a bottom layer. The shoe pad is characterized in that drugs carried in the drug carrying layer mainly comprise dozens of selected Chinese medicinal herbs such as angelica sinensis, herba epimedii, rhizoma curculiginis, angelica roots, cassia barks, radix sophorae flavescentis, ligusticum wallichii, borneol, camphor, menthol, azone, and the like as well as substances with good physiotherapy effects, such as natural magnetite powder, far infrared ceramic powder, and the like. The invention has the use effect of an ordinary shoe pad and also the disease adjuvant therapy effect which cannot be achieved by the ordinary shoe pad, has good adjuvant therapy effects on various diseases such as headache, dizziness, agrypnia, hypertension, chronic pharyngitis, aphthous stomatitis, canker sores, epistaxis, heel bony spurs, achilles tendonitis, spontaneous perspirat, night sweat, abnormal menstruation, dysmenorrhea, and the like and also has complete function and stronger practicability.