Abstract: A centerless grinding method and a device using same, in which: a work having a cylindrical stem portion and a flange portion is supported on a supporting plate; a regulating wheel is provided with a lead angle so as to feed the work in its axial direction; the regulating wheel is fed in the direction substantially perpendicular to the axis of the grinding wheel, with the axis of the regulating wheel being inclined in a manner the peripheral surface of the regulating wheel may be maintained in parallel with a given conical peripheral surface of the grinding wheel which has a square or right-angled edge in its cross section; and the aforesaid grinding wheel has peripheral surfaces consisting of two continuous frusto-conical surfaces; whereby the stem portion and an inner face of the flange portion of the work may be ground at the same time.