The spring-back phenomenon is one of the key problems in sheet metal forming process, especially with a complex shape. In this paper, the experiments of spring back have been first carried out to study the effect of punch strokes (different bending angles) on the spring-back angle for 6 (mm) thickness of SS400 sheet steel by V-bending process. The experimental results are then validated by finite element analysis (FEA) of ABAQUS software. To simulate spring-back of V-bending, deformed results of V-shape from a dynamic forming simulation in Abaqus/Explicit would be imported into Abaqus/ Standard, and then a static analysis will calculate the spring-back of V-bending. Simulation studies have shown that there are different variations in the initial bending angle and the spring-back angle after the removal of the bending force based on isotropic and kinematic hardening models. Therefore, the combined hardening model has been proposed to overcome the mismatch between prediction results and the corresponding experiments. Based on the accuracy of FEM simulation, this study also verifies the effect of parameters such as a thickness of the sheet, punch radius and punch stroke on the spring-back angle in order to select the optimum input parameters by using Taguchi method.