Position measuring device comprising • a graduation carrier which can be connected to a shaft in a rotationally fixed manner and has a measurement graduation which, in the mounted state of the graduation carrier , is arranged radially around an axis of rotation of the shaft , • a scanning unit having sensor elements for generating position signals (PS) by scanning the measurement graduation , wherein the sensor elements and the measurement graduation are arranged at a substantially constant scanning distance (A) from one another, • a position processing unit for processing the position signals (PS) to form absolute, digital position values (P), • an interface unit for communicating with downstream electronics , wherein the position measuring device also comprises • at least one second scanning unit (60, 60.1, 60.2, 160.1, 160.2) for generating measurement signals (MS), which are dependent on a position of a machine part (70, 70.1, 70.2) that differs from the shaft , by scanning a measurement target (72, 72.1, 72.2, 172.1, 172.2) on the machine part (70, 70.1, 70.2), • an evaluation unit for processing the measurement signals (MS) to form at least one measured value (M), which indicates a position or/and a position change of the measurement target (72, 72.1, 72.2, 172.1, 172.2) based on the second scanning unit (60, 60.1, 60.2, 160.1, 160.2), and for outputting the at least one measured value (M) to the interface unit , and • a housing for accommodating the scanning unit , the second scanning unit (60, 60.1, 60.2, 160.1, 160.2) and the electronic modules such as the position processing unit , the interface unit and the evaluation unit , wherein the graduation carrier and the measurement target are located outside the housing, wherein the position measuring device also comprises the measurement target . • a graduation carrier which can be connected to a shaft in a rotationally fixed manner and has a measurement graduation which, in the mounted state of the graduation carrier , is arranged radially around an axis of rotation of the shaft , • a scanning unit having sensor elements for generating position signals (PS) by scanning the measurement graduation , wherein the sensor elements and the measurement graduation are arranged at a substantially constant scanning distance (A) from one another, • a position processing unit for processing the position signals (PS) to form absolute, digital position values (P), • an interface unit for communicating with downstream electronics , • at least one second scanning unit (60, 60.1, 60.2, 160.1, 160.2) for generating measurement signals (MS), which are dependent on a position of a machine part (70, 70.1, 70.2) that differs from the shaft , by scanning a measurement target (72, 72.1, 72.2, 172.1, 172.2) on the machine part (70, 70.1, 70.2), • an evaluation unit for processing the measurement signals (MS) to form at least one measured value (M), which indicates a position or/and a position change of the measurement target (72, 72.1, 72.2, 172.1, 172.2) based on the second scanning unit (60, 60.1, 60.2, 160.1, 160.2), and for outputting the at least one measured value (M) to the interface unit , and • a housing for accommodating the scanning unit , the second scanning unit (60, 60.1, 60.2, 160.1, 160.2) and the electronic modules such as the position processing unit , the interface unit and the evaluation unit , wherein the graduation carrier and the measurement target are located outside the housing, wherein the position measuring device also comprises the measurement target . <EOS>