A power steering apparatus has a steering power assisting system coupled to tire wheels and a variable gear transfer system coupled to a steering wheel. The steering power assisting system includes a torsion bar rotation sensor and a first actuator rotation sensor to calculate a first pinion angle and a second pinion angle based on the detected rotation angles, respectively. The variable gear transfer system includes a steering sensor and a second actuator rotation sensor to calculate a third pinion angle based on the detected rotation angles. Sensor failure is detected by comparing the calculated first, second and third pinion angles.