def METHOD_NAME(self):
    """
    Retrieves the powergood status of PSU
    Returns:
        A boolean, True if PSU has stablized its output voltages and
        passed all its internal self-tests, False if not.
    """
    status = False
    is_valid, state = self.state_sensor.get_reading()
    if is_valid:
        if (state == 0x01):
            status = True
    return status