The design of robust and reliable power converters is fundamental in the incorporation of novel power systems. In this paper, we perform a detailed theoretical analysis of a synchronous ZETA converter controlled via peak-current with ramp compensation. The controller is designed to guarantee a stable Period 1 orbit with low steady state error at different values of input and reference voltages. The stability of the desired Period 1 orbit of the converter is studied in terms of the Floquet multipliers of the solution. We show that the control strategy is stable over a wide range of parameters, and it only loses stability: (i) when extreme values of the duty cycle are required; and (ii) when input and reference voltages are comparable but small. We also show by means of bifurcation diagrams and Lyapunov exponents that the Period 1 orbit loses stability through a period doubling mechanism and transits to chaos when the duty cycle saturates. We finally present numerical experiments to show that the ramp compensation control is robust to a large set of perturbations.