diff --git a/qemu/target/mips/op_helper.c b/qemu/target/mips/op_helper.c
index 2286f0c8..5b7bbfc4 100644
--- a/qemu/target/mips/op_helper.c
+++ b/qemu/target/mips/op_helper.c
@@ -2421,10 +2421,12 @@ void helper_eretnc(CPUMIPSState *env)
 void helper_deret(CPUMIPSState *env)
 {
     debug_pre_eret(env);
-    set_pc(env, env->CP0_DEPC);
 
     env->hflags &= ~MIPS_HFLAG_DM;
     compute_hflags(env);
+
+    set_pc(env, env->CP0_DEPC);
+
     debug_post_eret(env);
 }
 #endif /* !CONFIG_USER_ONLY */