Abstract: The valve with an improved junk ring structure is composed of a main body, a valve disk, a washer and a junk ring. The main body has on one side thereof a stepped surface of which the outermost end has a screw thread portion on the inner wall thereof; the main body has on an inner wall thereof a protrusion. An upper and a lower pivotally connecting block are provided on the valve disk, and are movably connected by an axle provided on the main body. The junk ring has on the outer wall of the periphery thereof a screw thread portion mating with the screw thread portion of the main body. The washer is placed between the main body and the junk ring.