A test result evaluating method and a material tester are provided. A test result evaluating part includes a representative value calculating part that acquires a representative value of section data corresponding to one period of a natural vibration frequency from data of a time period representing a force applied to a test piece also including a natural vibration and a ratio calculating part that calculates a ratio between the representative value acquired by the representative value calculating part and a value based on an amplitude of the natural vibration. The representative value calculating part and the ratio calculating part are arranged in a test result evaluating part as programs realizing functions by operating an arithmetic operation device.