diff --git a/tools/perf/util/parse-events.c b/tools/perf/util/parse-events.c
index 05d0c5c2030c..a2014459125a 100644
--- a/tools/perf/util/parse-events.c
+++ b/tools/perf/util/parse-events.c
@@ -656,6 +656,10 @@ parse_raw_event(const char **strp, struct perf_event_attr *attr)
 		return EVT_FAILED;
 	n = hex2u64(str + 1, &config);
 	if (n > 0) {
+		if (str[n+1] == 'p') {
+			attr->precise = 1;
+			n++;
+		}
 		*strp = str + n + 1;
 		attr->type = PERF_TYPE_RAW;
 		attr->config = config;