An equalizer and a related equalizing method for equalizing signal reflection caused by a stub at a transmitting end are provided. The equalizer includes a summing device and a delay device. The summing device is utilized for adding a feedback delay signal to the input signal to generate the equalized signal. The delay device is coupled to the summing device, and utilized for delaying the equalized signal to generate the feedback delay signal. Wherein the delay device has a variable delay time and the variable delay time is a non-integer multiple of a bit time of the input signal.