The purpose of this study is to investigate the relationship among physical education image, experience, perceived value and satisfaction. The questionnaire survey was conducted with the convenience sampling method. A total of 400 questionnaires (valid for 320) were distributed, and the data were analyzed by the structural equation modeling. The results show that: (1) The physical education image has a positive impact on the experience and perceived value which means improving physical education image will raise the level of experience and perceived value. (2) The impact of physical education experience on perceived value is also positively significant. It reveals that improving the level of physical education experience is able to raise perceived value. (3) The effect of perceived value on satisfaction is positively significant. It means when student has better perceived value, their satisfaction is stronger. According to the results, the study suggests that a well established promotion is the strategy for physical education, and through a variety of activities to allow student to produce better physical education image and deep experience, in order to raise the level of perceived value and satisfaction.