A power converting apparatus for vehicles according to an embodiment controls a plurality of AC motors for vehicle traveling set on a motor setting table. The power converting apparatus includes a plurality of inverter circuits and a plurality of controllers. The plurality of inverter circuits supply three-phase AC power to the AC motors. The plurality of controllers generate control signals for ON/OFF-controlling a plurality of switching elements of the inverter circuits and perform PWM control on the inverter circuits associated with the plurality of controllers among the plurality of inverter circuits. The plurality of controllers perform the PWM control on the associated inverter circuits according to control signals generated using carrier waves having phases different from one another. A phase difference between the carrier waves is based on the number of the plurality of AC motors set on the motor setting table.