The no-load radial magnetic field and no-load back electromotive force (EMF) of external rotor permanent magnet brushless DC motor (PMBLDCM) are calculated by applying the correction coefficient of magnetic conductance here, taking into account the stator slotting and static eccentricity effects. An external rotor PMBLDCM with 51-slot/46-pole, used as in-wheel motor, is taken as an example, the analytical calculation results of the no-load back EMF are validated by the finite-element method and experiment. The influences of static eccentricity ratio on the no-load radial magnetic field and no-load back EMF are investigated based on the analytical model. The investigation shows that static eccentricity does not change the harmonic contents of no-load radial magnetic field, so it does not change the harmonic contents of three-phase no-load back EMFs. However, static eccentricity changes the space order of no-load radial magnetic field, resulting in the different total harmonic distortions of three-phase no-load back EMFs; in other words, the asymmetric distortions of three-phase no-load back EMFs are generated. The asymmetric distortions of three-phase no-load back EMFs are intensified with the increase in static eccentricity ratio.