The present invention discloses a method for configuring and indicating physical random access channel parameter in a time division duplex system, suitable for the long term evolution, system, including: the same PRACH configuration set is stored in a base station and a terminal respectively; when performing a PRACH configuration, the terminal inquires the PRACH configuration set according to configuration information to obtain a configuration parameter, and/or the terminal computes to obtain the configuration parameter according to a system parameter. Set by using the method provided by the present invention, the PRACH configuration set can provide enough density types for various PRACH formats in order to meet the requirements of different system loads, and meanwhile can provide enough version types for each combination of format and density, decrease the processing load of the base station, and reduce the inter-cell interference.