diff --git a/lib/libpe/Makefile b/lib/libpe/Makefile
index 877b331d1013..29634e1565c4 100644
--- a/lib/libpe/Makefile
+++ b/lib/libpe/Makefile
@@ -3,7 +3,7 @@
 
 INTERNALLIB=
 
-ELFTCDIR=	${.CURDIR}/../../contrib/elftoolchain
+ELFTCDIR=	${SRCTOP}/contrib/elftoolchain
 
 .PATH:	${ELFTCDIR}/libpe