diff --git a/bitbake/lib/bb/fetch2/perforce.py b/bitbake/lib/bb/fetch2/perforce.py
index 5a6631a384..3a10c7ca33 100644
--- a/bitbake/lib/bb/fetch2/perforce.py
+++ b/bitbake/lib/bb/fetch2/perforce.py
@@ -123,7 +123,7 @@ class Perforce(FetchMethod):
         if depot.find('/...') != -1:
             path = depot[:depot.find('/...')]
         else:
-            path = depot
+            path = depot[:depot.rfind('/')]
 
         module = parm.get('module', os.path.basename(path))