diff --git a/libexec/pyenv-version-name b/libexec/pyenv-version-name
index 52d7f8d7..73093b31 100755
--- a/libexec/pyenv-version-name
+++ b/libexec/pyenv-version-name
@@ -30,11 +30,11 @@ OLDIFS="$IFS"
 { IFS=:
   any_not_installed=0
   for version in ${PYENV_VERSION}; do
-    if version_exists "$version" || [ "$version" = "system" ]; then
-      versions=("${versions[@]}" "${version}")
-    elif version_exists "${version#python-}"; then
-      versions=("${versions[@]}" "${version#python-}")
-    elif resolved_version="$(pyenv-latest -b "$version")"; then
+    # Remove the explicit 'python-' prefix from versions like 'python-3.12'.
+    normalised_version="${version#python-}"
+    if version_exists "${normalised_version}" || [ "$version" = "system" ]; then
+      versions=("${versions[@]}" "${normalised_version}")
+    elif resolved_version="$(pyenv-latest -b "${normalised_version}")"; then
       versions=("${versions[@]}" "${resolved_version}")
     else
       echo "pyenv: version \`$version' is not installed (set by $(pyenv-version-origin))" >&2
diff --git a/test/version-name.bats b/test/version-name.bats
index 20e2de3b..e3c9a6a4 100644
--- a/test/version-name.bats
+++ b/test/version-name.bats
@@ -120,3 +120,10 @@ OUT
   assert_success
   assert_output "2.7.11"
 }
+
+@test "pyenv-latest fallback with prefix in name" {
+  create_version "3.12.6"
+  PYENV_VERSION="python-3.12" run pyenv-version-name
+  assert_success
+  assert_output "3.12.6"
+}