The rise‐fall time, duty cycle, and carrier frequency of a pulsed tone were systematically varied. Listeners matched the pitch of this signal to that of a sinusoidal comparison tone. Low SPL was used throughout. Two pitches were identified, one corresponding to the repetition rate (periodicity pitch), and the other to the carrier frequency (carrier pitch). The periodicity pitch decreased in audibility with the increase of any of the experimental variables. These variables had the opposite effect on the perception of the carrier pitch, which in general was audible only at the longer duty cycles. Individual listeners varied considerably in their ability to match the pitch of the pulsed tones. Comparison of the results obtained with pulsed sinusoids to those of pulsed noise suggest that the perception of a periodicity pitch depends upon the band width and spectral location of the pulsed signal's frequency components as well as envelope wave form fluctuation.