diff --git a/hw/pci-host/pnv_phb4_pec.c b/hw/pci-host/pnv_phb4_pec.c
index 293909b5cb..a7dd4173d5 100644
--- a/hw/pci-host/pnv_phb4_pec.c
+++ b/hw/pci-host/pnv_phb4_pec.c
@@ -374,6 +374,19 @@ static void pnv_pec_instance_init(Object *obj)
     }
 }
 
+static int pnv_pec_phb_offset(PnvPhb4PecState *pec)
+{
+    PnvPhb4PecClass *pecc = PNV_PHB4_PEC_GET_CLASS(pec);
+    int index = pec->index;
+    int offset = 0;
+
+    while (index--) {
+        offset += pecc->num_stacks[index];
+    }
+
+    return offset;
+}
+
 static void pnv_pec_realize(DeviceState *dev, Error **errp)
 {
     PnvPhb4PecState *pec = PNV_PHB4_PEC(dev);
@@ -394,8 +407,10 @@ static void pnv_pec_realize(DeviceState *dev, Error **errp)
     for (i = 0; i < pec->num_stacks; i++) {
         PnvPhb4PecStack *stack = &pec->stacks[i];
         Object *stk_obj = OBJECT(stack);
+        int phb_id = pnv_pec_phb_offset(pec) + i;
 
         object_property_set_int(stk_obj, "stack-no", i, &error_abort);
+        object_property_set_int(stk_obj, "phb-id", phb_id, &error_abort);
         object_property_set_link(stk_obj, "pec", OBJECT(pec), &error_abort);
         if (!qdev_realize(DEVICE(stk_obj), NULL, errp)) {
             return;
@@ -538,6 +553,7 @@ static void pnv_pec_stk_instance_init(Object *obj)
     PnvPhb4PecStack *stack = PNV_PHB4_PEC_STACK(obj);
 
     object_initialize_child(obj, "phb", &stack->phb, TYPE_PNV_PHB4);
+    object_property_add_alias(obj, "phb-id", OBJECT(&stack->phb), "index");
 }
 
 static void pnv_pec_stk_realize(DeviceState *dev, Error **errp)
diff --git a/hw/ppc/pnv.c b/hw/ppc/pnv.c
index 3957a8c3b1..712200264b 100644
--- a/hw/ppc/pnv.c
+++ b/hw/ppc/pnv.c
@@ -1384,7 +1384,6 @@ static void pnv_chip_power9_phb_realize(PnvChip *chip, Error **errp)
 {
     Pnv9Chip *chip9 = PNV9_CHIP(chip);
     int i, j;
-    int phb_id = 0;
 
     for (i = 0; i < chip->num_pecs; i++) {
         PnvPhb4PecState *pec = &chip9->pecs[i];
@@ -1409,11 +1408,10 @@ static void pnv_chip_power9_phb_realize(PnvChip *chip, Error **errp)
         pnv_xscom_add_subregion(chip, pec_nest_base, &pec->nest_regs_mr);
         pnv_xscom_add_subregion(chip, pec_pci_base, &pec->pci_regs_mr);
 
-        for (j = 0; j < pec->num_stacks; j++, phb_id++) {
+        for (j = 0; j < pec->num_stacks; j++) {
             PnvPhb4PecStack *stack = &pec->stacks[j];
             Object *obj = OBJECT(&stack->phb);
 
-            object_property_set_int(obj, "index", phb_id, &error_fatal);
             object_property_set_int(obj, "chip-id", chip->chip_id,
                                     &error_fatal);
             object_property_set_int(obj, "version", pecc->version,