A distance measuring apparatus for automatically measuring a distance from a reference point to a subject of interest, such as a subject to be photographed, is provided. The present apparatus includes a position sensitive detector having a photoelectric surface defined between two extreme points. Thus, when a light pulse emitted from the apparatus is reflected by the subject and impinges upon the photoelectric surrface, there is produced a pair of current signals, which are then processed to obtain a distance signal indicating the distance to be measured. Thus, the present apparatus can provide a highly accurate measurement.