A permanent magnet type rotating electric machine includes: a rotor including a rotor core having a polygonal shape and a plurality of permanent magnets; and a stator including a stator core and armature windings, in which, when the number of poles is M, the number of slots is N, M permanent magnets are sequentially numbered from first to M-th in a circumferential direction, and a positional shift amount in the circumferential direction from a corresponding one of equiangularly arranged reference positions, each being at the same radial distance from a center of a rotating shaft, for an i-th (i=1, 2, . . . , M) permanent magnet is hi, M unit vectors in total, each being in an angular direction of 2πN(i−1)/M (rad), are defined, and a sum of M vectors obtained by multiplying the unit vectors respectively by the positional shift amount hi is smaller than a maximum value of an absolute value of the positional shift amount hi.