Abstract: A displacement measuring device, using an incremental code, which includes a coding member (22) resting on the object (21) to be measured and having a coding section for generating such signals that a sensing element can discriminate the signals as 0 or 1, sensing means (25A, 25B) disposed to sense the coding section of the coding member for producing sensed signals in response to the displacement of the coding member (22), and rectangular wave-converting circuits (27A, 27B) for receiving and converting the sensed signal into rectangular wave signals. A clock pulse generator (28) is provided in the device for generating a clock pulse with a higher repetition-frequency than the repetition-frequency of the sensed signal.