In view of the cracking, sag, and damage of sheath caused by the load effect and external force impact of power cable, the echo parameters of cable sheath damage detection based on the characteristics of torsional guided wave propagation are studied in this work. According to the Navier displacement equilibrium equation, the dispersion curve of a magnetostrictive guided wave of the cable sheath was solved, and the T(0,1) mode with a group velocity of 1198.8m/s and no dispersion was selected. Furthermore, while considering the excitation frequency, loss rate, and direction of the damaged section, the displacement field and the echo characteristic parameters of guided wave in the cable sheath were solved. Moreover, by analyzing the time-domain signals of damaged section echo, the cubic fitting function for the loss rate of the damaged section and the damaged section echo coefficient were obtained, which can effectively characterize the quantitative relationship between the damaged location, size, and guided wave echo of the cable sheath.