Recently, with development of mechanics of materials, as pursuing the high speed of the ships, there has been an increasing demand on the composite construction which satisfies high strength and low weight at the same time. A sandwich element is a type of composite construction, which is composed of thin, strong, stiff and relatively high density faces and a thick, light, and weaker core material. As the second moment is increased by faces separated from the neutral axis farther, a sandwich element is most effective light structural form. In this study, Rayleigh-Ritz Energy Method is adopted, which can analyze sandwich plate relatively simply and exactly. Stresses and buckling loads are analyzed exactly, when uniform lateral pressure load, inplane compression and inplane shear are acting at the sandwich plate. Including a wrinkling stress, this study can be applied to the initial design and minimum weight design of sandwich plates.