Recent catastrophic earthquake events have reinforced the necessity of evaluating the seismic performance of buildings. Notably, the buildings can go into the plastic phase during a striking earthquake disaster. Under this condition, the current design codes assume seismic response reduction by virtue of the energy dissipation capacity of the structural members. In the strong-column–weak-beam design, which involves I-shaped beams and boxed columns, the mechanism is defined as a standard design scheme to prevent the building from collapsing. Therefore, energy dissipation relies highly on the I-shaped beam performance. However, the I-shaped beam performance can differ depending on the loading history experienced, whereas this effect is untouched in the prevailing evaluation equation. Hence, this study first performs cyclic loading tests of 11 specimens using different loading protocols. The experimental results clarify the fluctuation in the structural performance of I-shaped beams depending on the applied loading hysteresis, proving the necessity of considering the stress history for proper assessment. Furthermore, the database of experimental results is constructed based on the previous experimental studies. Ultimately, the novel evaluation equation is proposed to reflect the influences of the loading protocol. This equation is demonstrated to effectively assess the member performance retrieved from the experiment of 65 specimens, comprising 11 specimens from this investigation and 54 specimens from the database. The width–thickness ratio, shear span-to-depth ratio, and loading protocols are utilized as the evaluation parameters. Moreover, the prediction equation of the Bauschinger effect coefficient is newly established to convert the energy dissipation capacity under monotonically applied force into hysteretic energy dissipation under the cyclic forces.