A pixel compensating circuit and a driving method thereof, an array substrate and a display device. The pixel compensating circuit includes: a reset circuit, connected with a reset signal line, and configured to reset a driving circuit according to a reset signal from the reset signal line; the driving circuit, configured to output a driving current to drive a display apparatus to emit light and display; a compensating circuit, connected with a signal control line, and a data line, and configured to compensate a threshold voltage for the driving circuit and write data into the driving circuit under control of a signal control signal from the signal control line; and a luminance control circuit, connected with a luminance control line, and configured to control the driving circuit to drive the display apparatus to emit light and display according to a luminance control signal from the luminance control line.