The phase and/or period stability of a device is determined by connecting the device in one orthogonal arm of a phase detector having a mixer. In the other arm is an adjustable, variable phase shift device. The output of the mixer is fed through an active low pass filter to derive a DC voltage indicative of the phase shift. The variable phase device is adjusted so that the DC voltage will nullify the phase shift of the tested device under normal conditions. The DC voltage level is converted into a time interval indicative of the phase change of the tested device by determining when the level equals the amplitude of a low frequency ramp voltage. The interval between adjacent equality points can be measured or the period between a reference point on the ramp voltage and the quality be measured.