High step-down voltage conversion is necessary to bridge the voltage gap between main power converters and low-voltage auxiliary electronics in power conversion systems. Switched capacitor converters (SCCs) are an attractive candidate as a high step-down converter, but their poor voltage regulation capability may limit their applications. Pulsewidth modulation (PWM) SCCs with adjustable high step-down voltage conversion are proposed in this paper. The proposed PWM SCCs can be derived from traditional SCCs by replacing an energy transfer capacitor with a switched-capacitor-inductor (SCL) cell that comprises inductors, capacitors, and diodes to realize PWM-controllable voltage conversion. The voltage step-down ratio of the proposed PWM SCCs is not only PWM controllable but also adjustable with structures of SCCs and SCL cells. Two representative PWM SCCs were taken as examples to perform the operational analysis. The prototypes of both representative PWM SCCs were built and tested to demonstrate the proposed concept.