In this article, we address the problem of synchronizing multiple analog-to-digital converter (ADC) and digital-to-analog converter (DAC) chains in a multi-channel system, which is constrained by the sampling frequency and inconsistencies among the components during system integration. To evaluate and compensate for the synchronization differences, we propose a pulse compression shape-based algorithm to measure the entire delay parameter of the ADC/DAC chain, which achieves sub-sampling resolution by mapping the shape of the discrete pulse compression peak to the signal propagation delay. Moreover, owing to the matched filtering in the pulse compression process, the algorithm exhibits good noise performance and is suitable for wireless scenarios. Experiments verified that the algorithm can achieve precise measurements with sub-sampling resolution in scenarios where the signal-to-noise ratio (SNR) is greater than −10 dB.