A DC/DC converter configured to provide a regulated output voltage and a limited output current to a load (R L), the converter comprising: an inductor (L 1) arranged to conduct a current to the output of the converter; a switch (S 1) responsive to a pulse width modulation signal and configured to control the current conducted to the output through the inductor (L 1) as a function of the ON-time when the switch (S 1) is closed during each cycle of the pulse width modulation signal; a feedback control responsive to the inductor current and output voltage and configured to: (a) provide the pulse width modulation signal to control the operation of the switch (S 1) so that the inductor current has a peak current value for each cycle of the pulse width modulation signal at the end of each ON-time of the switch (S 1) during each cycle and a ripple about an average value; and (b) generate a compensating ramp signal for adjusting the duty cycle of the pulse width modulation signal so as to stabilize the feedback loop of the feedback control; and wherein the feedback control includes a clamp for providing a limited voltage as a function of the desired peak current limit during current limit conditions, and a modulator for modulating the clamp voltage as a function of ripple of the inductor current for each cycle of the pulse width modulated signal so as to reduce or cancel the effect of the inductor ripple current on the average output current during current limit conditions; and a bias signal control configured to control the compensation ramp signal by a variable DC bias signal, to provide the compensation ramp signal biased to an instantaneous value of zero at the end of each ON-time for each cycle, the compensation ramp signal being formed to provide the peak current limit independent of the duty cycle of the pulse width modulation signal during current limit conditions; and a frequency foldback control for adjusting the frequency of the pulse width modulation signal during current limit conditions as a function of the input voltage and the output voltage of the converter. an inductor (L 1) arranged to conduct a current to the output of the converter; a switch (S 1) responsive to a pulse width modulation signal and configured to control the current conducted to the output through the inductor (L 1) as a function of the ON-time when the switch (S 1) is closed during each cycle of the pulse width modulation signal; a feedback control responsive to the inductor current and output voltage and configured to: (a) provide the pulse width modulation signal to control the operation of the switch (S 1) so that the inductor current has a peak current value for each cycle of the pulse width modulation signal at the end of each ON-time of the switch (S 1) during each cycle and a ripple about an average value; and (b) generate a compensating ramp signal for adjusting the duty cycle of the pulse width modulation signal so as to stabilize the feedback loop of the feedback control; and (a) provide the pulse width modulation signal to control the operation of the switch (S 1) so that the inductor current has a peak current value for each cycle of the pulse width modulation signal at the end of each ON-time of the switch (S 1) during each cycle and a ripple about an average value; and (b) generate a compensating ramp signal for adjusting the duty cycle of the pulse width modulation signal so as to stabilize the feedback loop of the feedback control; and wherein the feedback control includes a clamp for providing a limited voltage as a function of the desired peak current limit during current limit conditions, and a modulator for modulating the clamp voltage as a function of ripple of the inductor current for each cycle of the pulse width modulated signal so as to reduce or cancel the effect of the inductor ripple current on the average output current during current limit conditions; and a bias signal control configured to control the compensation ramp signal by a variable DC bias signal, to provide the compensation ramp signal biased to an instantaneous value of zero at the end of each ON-time for each cycle, the compensation ramp signal being formed to provide the peak current limit independent of the duty cycle of the pulse width modulation signal during current limit conditions; and a frequency foldback control for adjusting the frequency of the pulse width modulation signal during current limit conditions as a function of the input voltage and the output voltage of the converter.