A study is made of the radial propagation of axial shear waves in an incompressible elastic solid under finite radial deformation. Basic equations are derived on the basis of Biot’s mechanics of incremental deformations, and analysis is made by the method of characteristics. Numerical examples are given by specializing the initial deformation to two cases: (a) an infinite solid with a cylindrical bore is inflated by all-around tension, and (b) a cuboid is rounded into a ring and its ends are bonded to each other. The influence of the inhomogeneities of such deformations upon the laws of shear wave propagation is presented in the form of curves.