The present invention involves a pearl protein preparation method and a water-soluble pearl protein and an acid-soluble pearl protein obtained by adopting this method. A pearl protein preparation method comprises the following steps: (1) grinding pearls into pearl powder; (2) performing ultra-high pressure homogenization to the nanoscale pearl powder using deionized water bath, proceeding with centrifugation at low temperature to obtain a water-soluble pearl extract a and sediments, and rinsing the sediments with ethanol solution; (3) dissolving the sediments obtained above in weak acid at certain temperature, and stirring at a low speed for reaction; performing centrifugation at low temperature, and obtaining a supernatant being an acid-soluble pearl extract b; (4) performing desalination to water-soluble pearl extract a and acid-soluble pearl extract b respectively; (5) freeze-drying the water-soluble pearl extract a and acid-soluble pearl extract b after desalination, and obtaining a water-soluble pearl protein and an acid-soluble pearl protein respectively. This invention uses nanoscale pearl powder, which provides raw materials for pearl skin care products and health care products.