A self-excited vibration evaluation method for evaluating self-excited vibration of a tube bundle arranged in a fluid so as to be supported by a support member includes: for each of at least one eigenmode of the tube bundle, a time history response analysis step of performing time history response analysis of simulating a change in vibration amplitude of the tube bundle, while changing a negative damping ratio corresponding to an excitation force of the fluid; a critical flow velocity calculation step of calculating a critical flow velocity of the fluid on the basis of a minimum negative damping ratio at which the change of the vibration amplitude of the tube bundle diverges in the time history response analysis; an input step of inputting an expected flow velocity of the fluid; and an evaluation step of evaluating the self-excited vibration of the tube bundle for each eigenmode by comparing the expected flow velocity of the fluid with the critical flow velocity.