A deformation correcting device to correct a deformation occurring in a ring shaped article, which has been heated, while the heated ring shaped article is cooled, includes a support table, on which the ring shaped article in a heated condition is placed; a pair of receiving rolls; a press roll provided in opposition to the pair of the receiving rolls with the ring shaped article intervening therebetween; a press roll drive mechanism for driving the press roll between an advanced position, at which the press roll is urged against the outer peripheral surface of the ring shaped article, and a retracted position, at which the press roll is separated away from the outer peripheral surface of the ring shaped article; and a press roll rotating mechanism for rotating the press roll then urged against the ring shaped article by the press roll drive mechanism.