diff --git a/drivers/md/dm-mpath.c b/drivers/md/dm-mpath.c
index ebfa411d1a7d..9efb863ad052 100644
--- a/drivers/md/dm-mpath.c
+++ b/drivers/md/dm-mpath.c
@@ -1620,8 +1620,9 @@ static int multipath_busy(struct dm_target *ti)
 
 	spin_lock_irqsave(&m->lock, flags);
 
-	/* pg_init in progress, requeue until done */
-	if (!pg_ready(m)) {
+	/* pg_init in progress or no paths available */
+	if (m->pg_init_in_progress ||
+	    (!m->nr_valid_paths && m->queue_if_no_path)) {
 		busy = 1;
 		goto out;
 	}