diff --git a/src/lib/getIgnoredUpgrades.ts b/src/lib/getIgnoredUpgrades.ts
index f46cd6a2..90d74f9c 100644
--- a/src/lib/getIgnoredUpgrades.ts
+++ b/src/lib/getIgnoredUpgrades.ts
@@ -1,9 +1,10 @@
-import { satisfies } from 'semver'
+import semver, { satisfies } from 'semver'
 import { IgnoredUpgrade } from '../types/IgnoredUpgrade'
 import { Index } from '../types/IndexType'
 import { Options } from '../types/Options'
 import { Version } from '../types/Version'
 import { VersionSpec } from '../types/VersionSpec'
+import getPeerDependenciesFromRegistry from './getPeerDependenciesFromRegistry'
 import upgradePackageDefinitions from './upgradePackageDefinitions'
 
 /** Get all upgrades that are ignored due to incompatible peer dependencies. */
@@ -13,36 +14,54 @@ export async function getIgnoredUpgrades(
   upgradedPeerDependencies: Index<Index<Version>>,
   options: Options = {},
 ) {
+  const upgradedPackagesWithPeerRestriction = Object.fromEntries(
+    Object.entries({
+      ...current,
+      ...upgraded,
+    }).map(([packageName, versionSpec]) => {
+      return [packageName, semver.minVersion(versionSpec)?.version ?? versionSpec]
+    }),
+  )
   const [upgradedLatestVersions, latestVersionResults] = await upgradePackageDefinitions(current, {
     ...options,
     peer: false,
     peerDependencies: undefined,
     loglevel: 'silent',
   })
-
+  const upgradedPeerDependenciesLatest = await getPeerDependenciesFromRegistry(upgradedLatestVersions, options)
   return Object.entries(upgradedLatestVersions)
     .filter(([pkgName, newVersion]) => upgraded[pkgName] !== newVersion)
-    .reduce(
-      (accum, [pkgName, newVersion]) => ({
+    .reduce((accum, [pkgName, newVersion]) => {
+      let reason = Object.entries(upgradedPeerDependencies)
+        .filter(
+          ([, peers]) =>
+            peers[pkgName] !== undefined &&
+            latestVersionResults[pkgName]?.version &&
+            !satisfies(latestVersionResults[pkgName].version!, peers[pkgName]),
+        )
+        .reduce((accumReason, [peerPkg, peers]) => ({ ...accumReason, [peerPkg]: peers[pkgName] }), {} as Index<string>)
+      if (Object.keys(reason).length === 0) {
+        const peersOfPkg = upgradedPeerDependenciesLatest?.[pkgName] || {}
+        reason = Object.entries(peersOfPkg)
+          .filter(
+            ([peer, peerSpec]) =>
+              upgradedPackagesWithPeerRestriction[peer] &&
+              !satisfies(upgradedPackagesWithPeerRestriction[peer], peerSpec),
+          )
+          .reduce(
+            (accumReason, [peerPkg, peerSpec]) => ({ ...accumReason, [pkgName]: `${peerPkg} ${peerSpec}` }),
+            {} as Index<string>,
+          )
+      }
+      return {
         ...accum,
         [pkgName]: {
           from: current[pkgName],
           to: newVersion,
-          reason: Object.entries(upgradedPeerDependencies)
-            .filter(
-              ([, peers]) =>
-                peers[pkgName] !== undefined &&
-                latestVersionResults[pkgName]?.version &&
-                !satisfies(latestVersionResults[pkgName].version!, peers[pkgName]),
-            )
-            .reduce(
-              (accumReason, [peerPkg, peers]) => ({ ...accumReason, [peerPkg]: peers[pkgName] }),
-              {} as Index<string>,
-            ),
+          reason,
         },
-      }),
-      {} as Index<IgnoredUpgrade>,
-    )
+      }
+    }, {} as Index<IgnoredUpgrade>)
 }
 
 export default getIgnoredUpgrades
diff --git a/test/peer.test.ts b/test/peer.test.ts
index 1cfed6e4..af80d283 100644
--- a/test/peer.test.ts
+++ b/test/peer.test.ts
@@ -45,6 +45,6 @@ describe('peer dependencies', function () {
         return packageName === 'eslint-plugin-unused-imports' ? 'latest' : 'minor'
       },
     })
-    upgrades!.should.contain.keys('@vitest/ui', 'vitest')
+    upgrades!.should.have.all.keys('@vitest/ui', 'vitest')
   })
 })