Based on the study of strain distribution in short-fiber/whisker reinforced metal matrix composites, a deformation characteristic parameter λ is defined as the ratio of the root-mean-square strain of reinforcers to the macro-linear strain along the same direction. Quantitative relation between λ and microstructure parameters of the composite is obtained. As an example of applying and verifying λ, the stress-strain curve of [AlBO]w/Al composite under tensile loading is predicted and favorably compared with experiments. By using λ, the stiffness modulus of the composite with arbitrary reinforcer orientation under any loading condition is predicted from the microstructure parameters of material.