This paper proposes a sensorless drive of a permanent magnet synchronous motor. In general EMF is used to calculate the current of Permanet Magnet Synchronous Motor(PMSM). However the current has a lag component by a time constant. So it is difficult to directly calculate a position angle. To estimate the position using the current without a lag component in this paper, the controller calculates the motor current by using a superposition principle in the equivalent circuit and then compensates lag component with a time constant of the motor. Therefore the estimated motor current without a lag compoent can be obtained and it is used to calculate the rotor position indirectly. In order to confirm the effectiveness of the proposed algorithm, experimental results are shown in detail.