This paper presents the torque estimation scheme by Energy Conversion Method (ECM) that can be applied to the torque control of switched reluctance motor. There are two types of torque estimation method by ECM. One is the method using mechanical output energy and another is that using co-energy. When the torque is estimated by ECM, the estimated flux linkage can be obtained by voltage equation and Luenberger observer. By comparing the torque estimated by ECM with that be FEM, we verify the feasibility of the proposed torque estimation by ECM.