Embodiments of a power converter are disclosed. In an embodiment, the power converter comprises a power factor correction (PFC) stage circuit, an emulation circuit and a controller. The PFC stage circuit is configured to produce an output signal on an output terminal. The PFC stage circuit includes an inductor coupled between a rectifier and the output terminal and a switch coupled to the inductor. The emulation circuit is connected to the PFC stage circuit to generate an emulated current that corresponds to current through the inductor of the PFC stage circuit. The emulated current is generated based on a voltage signal at a node between the inductor and the output terminal and a sensed current at a sense resistor connected to the rectifier. The controller is connected to the emulation circuit to receive the emulated current and generate a control signal for the switch of the PFC stage circuit based on the emulated current.