A shielded magnetoresistive (SMR) head which has double MR films and linearizes each other has been designed and studied by applying the transmission-line model. We have analyzed the yoke efficiency, bias efficiency and read efficiency of the SMR head. The read efficiency strongly depends on the height of the sensor and slightly on the other geometric parameters. The yoke and bias efficiencies vary with gap length, insulated layer thickness and relative permeability. A quasi-index reduction in the signal flux is observed when the displacement moves away from the medium.