The extent of materials deterioration can be evaluated accurately by mechanical test such as impact test or creep test. But it is almost impossible to extract a large test specimen from in-service components. Thus material degradation evaluation by non-destructive method is earnestly required. In this paper, the material degradation for virgin and several aged materials of a Cr-Mo-V steel, which is an candidated as structural material of the turbine casing components for electric power plant, is nondestructively evaluated by reactivation polarization testing method. And, the results obtained from the test are compared with those in small punch(SP) tests recommended as a semi-nondestructive testing method using miniaturized specimen. In contrast to the aged materials up to 1,000hrs which exhibit the degradation behaviors with increased ${Delta}[DBTT]_{SP}$, the improvement of mechanical property can be observed on the 2,000hrs and 3,000hrs aged materials. This is because of the softening of material due to the carbide precipitation, the increase of ferritic structures and the recovery of dislocation microstructure by long-time heat treatment. The reactivation rates($I_R/I_{Crit},;Q_R/Q_{Crit}$) calculated by reactivation current densityt ($I_R$) and charge($Q_R$) in the polarization curves exhibit a good correlation with ${Delta}[DBTT]_{SP}$ behaviors.