diff --git a/module/language/tree-il/peval.scm b/module/language/tree-il/peval.scm
index 8e1069d38..7d1945873 100644
--- a/module/language/tree-il/peval.scm
+++ b/module/language/tree-il/peval.scm
@@ -511,7 +511,15 @@ top-level bindings from ENV and return the resulting expression."
         (lambda ()
           (call-with-values
               (lambda ()
-                (apply (module-ref the-scm-module name) args))
+                (case name
+                  ((eq? eqv?)
+                   ;; Constants will be deduplicated later, but eq?
+                   ;; folding can happen now.  Anticipate the
+                   ;; deduplication by using equal? instead of eq?.
+                   ;; Same for eqv?.
+                   (apply equal? args))
+                  (else
+                   (apply (module-ref the-scm-module name) args))))
             (lambda results
               (values #t results))))
         (lambda _
diff --git a/test-suite/tests/peval.test b/test-suite/tests/peval.test
index 340780873..4e2ccf9c6 100644
--- a/test-suite/tests/peval.test
+++ b/test-suite/tests/peval.test
@@ -1359,6 +1359,14 @@
        (((x) #f #f #f () (_))
         (call (toplevel bar) (lexical x _))))))
 
+  (pass-if-peval
+      (eq? '(a b) '(a b))
+    (const #t))
+
+  (pass-if-peval
+      (eqv? '(a b) '(a b))
+    (const #t))
+
   (pass-if-peval
       ((lambda (foo)
          (define* (bar a #:optional (b (1+ a)))