An optical measurement method, the fold-ray videometrics method, that is applicable to the deformation measurement of large structures is proposed. Through an illustration of ship deformation, the principle of fold-ray videometrics and the composition of the deformation measurement system are introduced. The fold-ray videometrics method is able to transfer or relay three-dimensional geometric information with a fold-ray optical path and thus is capable of real-time measurement of three-dimensional positions, attitudes, and deformations between nonintervisible objects and those of intervisible objects with a very large angle of view. The proposed method therefore has the potential to be applied in deformation measurement of large structures.