diff --git a/src/d3d9/d3d9_stateblock.cpp b/src/d3d9/d3d9_stateblock.cpp
index a4dd41b0..db292eab 100644
--- a/src/d3d9/d3d9_stateblock.cpp
+++ b/src/d3d9/d3d9_stateblock.cpp
@@ -172,7 +172,7 @@ namespace dxvk {
 
 
   HRESULT D3D9StateBlock::MultiplyStateTransform(uint32_t idx, const D3DMATRIX* pMatrix) {
-    m_state.transforms[idx] = ConvertMatrix(pMatrix) * m_state.transforms[idx];
+    m_state.transforms[idx] = m_state.transforms[idx] * ConvertMatrix(pMatrix);
 
     m_captures.flags.set(D3D9CapturedStateFlag::Transforms);
     m_captures.transforms.set(idx, true);