A method for processing data forwarding and a Service Provider-end Provider Edge (SPE) are disclosed, including the following steps: the SPE configuring data forwarding information which includes a corresponding relationship between Multi Segment Pseudo Wires (MSPW) information and forwarding information of an MSPW protection link group or a corresponding relationship between the MSPW information and forwarding information of other MSPW except the forwarding information of the MSPW protection link group (101); the SPE receiving a service message (102) carrying the MSPW information; the SPE querying the forwarding information of the MSPW protection link group or the forwarding information of other MSPW except the forwarding information of the MSPW protection link group (103); and the SPE performing label encapsulation and forwarding according to the queried-out forwarding information of the MSPW protection link group or forwarding information of other MSPW except the forwarding information of the MSPW protection link group (104).