In this paper, when stress waves are propagated along the reinforced direction of the composite, the characteristic equation of Rayleigh wave is derived. The relationships between velocities of stress waves and Rayleigh wave are studied for anisotropic ratios(E(sub)11/E(sub)12 or E(sub)22/E(sub)11). The increments of anisotropic ratios is made by using known material properties and being constant of basic properties. When the anisotropic ratios are increased, Rayleigh wave velocities to the shear wave velocities are almost equal to 1 with any anisotropic ratios. Rayleigh wave velocities to the longitudinal wave velocities and Shear wave velocities ratio to the longitudinal wave velocities are almost identical each other, they are between 0.12 and 0.21. When the anisotropic ration is very high, that is, E(sub)11/E(sub)22=46.88, Rayleigh wave velocities and the shear wave velocities are almost constant with Poissons ratio, longitudinal wave velocities are very slowly increased with the increments of Poissons ratios. When E(sub)11(elastic modulus of the reinforced direction)and ν(sub)12 are constant, Rayleigh wave velocities and the shear wave velocities are steeply decreased with the increments of anisotropic ratios and the velocities of longitudinal wave are almost constant with them. When E(sub)22(elastic modulus of the normal direction to the fiber) and ν(sub)12 are constant, Rayeigh wave velocities is slowly increased with the increments of anisotropic ratios, the shear wave velocities are almost constant with them, the longitudinal wave velocities are steeply increased with them.