The invention introduces an epoxy resin-based piezoelectric and composite damping material and a preparation method thereof, which comprises the following materials by weight portion: 100 portions of epoxy resin, 30 portions to 220 portions of piezoelectric ceramic powder, 0.5 portion to 5 portions of graphitized carbon black and 30 portions to 120 portions of curing agent. After being mixed, dispersed and added with the curing agent to be evenly blended and then poured, cured and shaped, the piezoelectric and composite material can be polarized in an HVDC oil-bath electric field and has good damping property (tan Delta is not less than 0.3) in a wide-temperature range (10 to 100 DEG C) and can also be applied in projects as free damping material as well as in an intelligent vibration and noise reduction system. In addition, the piezoelectric and composite material can be made into damping paint, putty, slurry and potting adhesive and poured into various section materials to be used in vibration and noise reduction projects in the fields such as vehicles, industrial machinery, civil construction, household appliances, precision instruments, military equipment, etc.