A soft magnetic composite material sheet according to the invention includes a soft magnetic Fe-based alloy sheet, and an electrically insulating film formed on a surface of the soft magnetic Fe-based alloy sheet. The soft magnetic Fe-based alloy sheet is a Fe-based amorphous alloy sheet or a Fe-based nanocrystal alloy sheet, the electrically insulating film contains a lead-free glass composition and has a linear expansion coefficient less than a linear expansion coefficient of the soft magnetic Fe-based alloy sheet, and the glass composition has a softening point equal to or lower than a temperature at which a microstructure of the soft magnetic Fe-based alloy sheet is maintained.