A grinding wheel includes: a disc member; and an annular grindstone member fitted on an outer peripheral surface of the disc member, wherein the disc member has a fluid-supply hole formed therethrough from a first side surface to a second side surface thereof, wherein the fluid-supply hole has an outlet opening through an outer peripheral portion of the first side surface; and an inlet opening which is open through the second side surface and which is disposed at an inner position of the outlet opening in a radial direction of the disc member, and wherein the second side surface is formed with an outer peripheral wall which is disposed at an outer position of the inlet opening in a radial direction of the disc member and projects along an outer peripheral portion of the disc member.