The invention relates to a cold ring rolling forming method for a double-flute section ring. The method comprises the following implementation steps of: (1) preforming, namely uniformly heating a bar section to the forging temperature from room temperature; upsetting, punching and punching wad to form a ring roughcast used for ring rolling; and designing the size of the ring roughcast; (2) roll pass design; and (3) ring rolling forming by using a ring rolling machine, wherein a core roll stops feeding and a ring rolling process is finished when the outside diameter of an obtained double-flutesection ring is measured to reach a predetermined value; and the ring roughcast finally forms the double-flute section ring in a predetermined size. In the method, the double-flute section ring is produced by adopting a cold ring rolling process; the double-flute section ring is formed through continuous local plastic deformation of a rectangular section ring by reasonably designing the ring roughcast, ring rolling pass and forming parameters; and therefore, the consumption of raw materials and processing time are reduced, metal streamline distribution and organization properties of the ring are improved, work efficiency and product quality are improved, and production cost is reduced.