A pressure compensator, particularly for oleodynamic applications, comprising two cylinders: a compensator cylinder in which is slidingly engaged a first piston comprising a first piston rod, and a reducing cylinder, in which is slidingly engaged a second piston comprising a second piston rod axially connected to the first piston rod; said compensator cylinder being coupled to a main oleodynamic cylinder; said compensator cylinder having a size so designed as to provide the same area ratio as that of the main cylinder, thereby to a set position of said main cylinder piston corresponding a precise position of the first piston of the compensator cylinder; said reducing cylinder comprising at least a low-pressure chamber coupled to a pressure gauge; a displacement of the reducing cylinder piston rod either increases or decreases a pressure in said low-pressure chamber, proportionately to a working pressure in the main cylinder.