The objective data and subjective data correlated in order to rate sound quality of loudspeaker system and these data were analyzed by the Factor Analysis and Multi-Dimensioinal Scaling. The dimensions yielded Factor Analysis were interpreted as "Contrast", "Metallic", "Rich", "Present" and their relation to physical variables were explored by studying the positions of loudspeaker systems in the respective dimension. When the subjective similarity degree of loudspeaker systems was compared with the objective similarity degree of loudspeaker systems by Multi-Dimensional Scaling, the similarity degree of sound pressure response in the listening room closely coincided with the subjective similarity degree regardless of sound source. This result implies the necessity of measurements taken not only in an anechoic room but also in a listening room in order to rate sound quality of loudspeaker systems.