Asphalt binder grading is to specify quality of asphalt binders relating to pavement performance in orderly manner, and provides the necessary information in selecting the appropriate asphalt binder for the hot mix design. For this purpose, United States has developed the PG-grading in 1995 and is implementing in practice. Recently, this American PG-grading system has been accepted as the domestic binder grading specification. However, the Asian (including Japan and China) and the most European countries are still use the traditional penetration and viscosity specification. The goal of this study lies in analysing the American PG-grading for its justification. As the result, the serious errors are found, and thus, to eliminate the errors, the more precise binder grading equation is introduced, Credibility of this study is checked by predicting the literature rut data with the equations mentioned. The prediction result are validating the claimes made in this study.