diff --git a/arch/x86/kvm/pmu.c b/arch/x86/kvm/pmu.c
index 952aebd0a8a34fa750993a3d6b7b626be31192a0..acc8d217f6565cfa877f5a72bd24b644f97bd198 100644
--- a/arch/x86/kvm/pmu.c
+++ b/arch/x86/kvm/pmu.c
@@ -131,8 +131,8 @@ static void pmc_reprogram_counter(struct kvm_pmc *pmc, u32 type,
 						 intr ? kvm_perf_overflow_intr :
 						 kvm_perf_overflow, pmc);
 	if (IS_ERR(event)) {
-		printk_once("kvm_pmu: event creation failed %ld\n",
-			    PTR_ERR(event));
+		pr_debug_ratelimited("kvm_pmu: event creation failed %ld for pmc->idx = %d\n",
+			    PTR_ERR(event), pmc->idx);
 		return;
 	}