An amount of charge transferred by a power converter is estimated by developing a signal that is a combination of signals representing an output voltage of a power converter and an inductor current of the power converter, charging a capacitor with a current proportional to that signal and comparing a voltage developed across the capacitor due to that charging to develop a signal for initiating a pulse to control input of power from a voltage source to the power converter. By using a signal developed in this way, response to both step-up and step-down transients can be improved and, in multi-phase embodiments, ripple cancellation problems such as noise susceptibility and loss of pulse generation can be entirely avoided.