As CPT penetration tends to show a similar behavior to that of pile driving, a number of methods for estimating the toe bearing capacity of piles based on CPT data have been proposed. To evaluate the applicability of the methods in this country, a total of 172 dynamic load tests data on PHC piles and 82 CPT data at a site in the Nakdong River estuary were collected. A specific four-step procedure was adopted for the selection of the reliable data, and statistical techniques were then applied to the analysis of the applicability. The results indicated that among a total of 10 CPT-based methods applied, the best one is the Aoki method (1975), followed by the LCPC (1982), ICP (2005) methods and others.