To reveal the change rule of the modeling precision of grey Verhulst forecast model with multiplication transformation acting on the sequence of raw data and reduce its modeling complexity, this paper analyzes the parameter characteristics of grey Verhulst model under multiple transformation, and demonstrates its effect on the simulative value and forecasting value by studying the multiple transformation acting on the raw data sequence for building this grey model. The research results indicate that the modeling accuracy of grey Verhulst model is in no relation to multiple transformations of raw data sequences of systems. The conclusion implies that the data level can be reduced, the course of building model can be simplified, but the simulative and predicative results remain unchanged.