Parnassius labeyriei is a high-altitude butterfly which is found in China.

It is a member of the snow Apollo genus Parnassius of the swallowtail family, Papilionidae.

The taxonomic status of this butterfly is uncertain.

It was described as a separate species and this view was maintained by Chou (1994) and Weiss (1992).

Later authors believe it to be conspecific with Parnassius maharaja.