A Comparative study on deep drawing of clad sheet is carried out to investigate the forming characteristics and the effectiveness of modified finite element analysis. An elasto-plastic finite element analysis Is developed to analyze the forming of clad sheet using explicit scheme and layered shell. Axisymmetric deep drawing of stainless clad metal sheet is performed and thickness distribution is obtained. The corresponding finite element analysis shows good agreement with the results. Some disagreement can be explained by the assumption of shell element and the complexity of deformation of clad sheet.