For the purpose of optimal control of anti-lock brake systems, precise dynamic characteristics analysis of hydraulic modulator, especially solenoid valve is necessary. However, most of researches so far have dealt with dynamic characteristic analysis of valve itself, and the results have been restrictively applied to the actual ABS modulator, where hydraulic pressure is acting. In this study, mathmatical modeling and experimental analysis were peformed in order to evaluate the valve dynamic characteristics when the hydraulic pressure is applied. High pressure on the master cylinder that affects on the valve dynamic characteristics have been analyzed quantitatively, and performance improvement methods have been suggested through parameter study. Consequently, results of solenoid valve dynamic characteristics analysis derived in the study can be utilized as criteria for the optimal control of anti-lock brake systems.