An adjustable plow blade which is adapted to be easily reconfigured between multiple configurations, including a straight-blade configuration and a V-shaped configuration. The adjustable plow blade generally includes a pair of blade portions which are adapted to be removably secured to each other in various configurations including a straight-edge blade configuration and a V-shaped blade configuration. The blade portions each include linkages which may be utilized in connection with fasteners to transition the present invention between the configurations. A mount bar is also provided to which the blade portions are secured to mount the present invention to a plowing object such as a handheld snow plow.