A position sensorless drive method capable of driving a permanent magnet motor by an ideal sine-wave current and enabling the driving from an extremely low-speed range in the vicinity of zero-speed is provided. A neutral-point potential of the permanent magnet motor is detected in synchronization with a PWM waveform of an inverter. The position of a rotor of the permanent magnet motor is estimated from the variation of the neutral-point potential. Since the neutral-point potential is varied in accordance with the magnetic circuit characteristics of an individual permanent magnet motor, the position can be detected regardless of the presence of saliency of the permanent magnet motor.