With the increase of the component number, the power stress distribution among differential power processing (DPP) converters, control implementation, system cost, and reliability become the most challenging issues for a practical photovoltaic (PV) DPP system. This article introduces an improved power-rating balance (IPRB) control for the PV-to-bus based DPP architecture that ensures each PV submodule operate at its true maximum power point (MPP) while achieving more balanced power stress distribution and higher reliability. Specifically, a submodule-level finite-state-machine-based MPP tracking is implemented to guarantee always maximum power yield, whereas a string-level power-rating balancing (PRB) control is adopted to balance the unit-maximum proceeded power by DPP converters based on the built power flow model with respect to the string current. A comprehensive comparison of advanced control strategies for PV-to-bus DPP architectures, including least power point tracking, voltage equalization (VE) based PRB control, and the proposed IPRB, has been carried out with the mission-profile-based reliability assessment under different partial shading scenarios. Component-failure-rate-based reliability analysis shows that the PV-to-bus DPP architecture with the proposed IPRB control can significantly improve the system reliability. Main simulation and experimental evaluations are carried out to verify the effectiveness of the proposed control.