This application provides a signal transmission method and apparatus. The method includes: obtaining, by a transmitter side, a first signal with N points; performing signal separation on the first signal with N points, to obtain two groups of signals (for example, a second signal with N points and a third signal with N points); combining the two groups of signals obtained through separation, to obtain a to-be-sent signal with 3N/2 points; and sending the signal with 3N/2 points to a receiver side, to enable the receiver to restore the first signal with N points from the received signal with 3N/2 points.