The Gol'denveizer problem of a torus can be described as follows: a toroidal shell is loaded under axial forces and the outer and inner equators are loaded with opposite balanced forces. Gol'denveizer pointed out that the membrane theory of shells is unable to predict deformation in this problem, as it yields diverging stress near the crowns. Although the problem has been studied by Audoly and Pomeau (2002) with the membrane theory of shells, the problem is still far from resolved within the framework of bending theory of shells. In this paper, the bending theory of shells is applied to formulate the Gol'denveizer problem of a torus. To overcome the computational difficulties of the governing complex-form ordinary differential equation (ODE), the complex-form ODE is converted into a real-form ODE system. Several numerical studies are carried out and verified by finite-element analysis. Investigations reveal that the deformation and stress of an elastic torus are sensitive to the radius ratio, and the Gol'denveizer problem of a torus can only be fully understood based on the bending theory of shells.