diff --git a/pyenv.d/exec/pip-rehash.bash b/pyenv.d/exec/pip-rehash.bash
index a90317fa..02a90a56 100644
--- a/pyenv.d/exec/pip-rehash.bash
+++ b/pyenv.d/exec/pip-rehash.bash
@@ -4,10 +4,9 @@ PYENV_REHASH_COMMAND="${PYENV_COMMAND##*/}"
 # Remove any version information, from e.g. "pip2" or "pip3.4".
 if [[ $PYENV_REHASH_COMMAND =~ ^(pip|easy_install)[23](\.[0-9]+)?$ ]]; then
   PYENV_REHASH_COMMAND="${BASH_REMATCH[1]}"
-fi
 
 # Check for ` -m pip ` in arguments
-if [[ "$*" =~ [[:space:]]-m[[:space:]]pip[[:space:]] ]]; then
+elif [[ "$*" =~ [[:space:]]-m[[:space:]]pip[[:space:]] ]]; then
   PYENV_REHASH_COMMAND="pip"
 fi