The effectiveness of equivalent strip model calculating the horizontal ultimate bearing capacity of multi-story steel plate shear walls(SPSW)by using the software SAP2000 to make Pushover analysis was demonstrated by comparing the simulated values with results from experimental studies performed by different researchers.The effect of different slenderness ratios on the ultimate bearing capacity of four-story single-span SPSW and four-story three-span dual steel shear walls system subjected to the inverse triangular load was obtained by the verified analytical model,which was compared with the performance of corresponding bare frames.The slenderness ratio of 250~300 is suggested for the design of SPSW.