diff --git a/tools/perf/util/PERF-VERSION-GEN b/tools/perf/util/PERF-VERSION-GEN
index 49ece7921914..1b32e8c0253f 100755
--- a/tools/perf/util/PERF-VERSION-GEN
+++ b/tools/perf/util/PERF-VERSION-GEN
@@ -15,7 +15,7 @@ LF='
 if test -f version
 then
 	VN=$(cat version) || VN="$DEF_VER"
-elif test -d .git -o -f .git &&
+elif test -d ../../.git -o -f ../../.git &&
 	VN=$(git describe --abbrev=4 HEAD 2>/dev/null) &&
 	case "$VN" in
 	*$LF*) (exit 1) ;;