diff --git a/src/report.cc b/src/report.cc
index bd2df046..2b07efcb 100644
--- a/src/report.cc
+++ b/src/report.cc
@@ -162,6 +162,15 @@ void report_t::normalize_options(const string& verb)
                                      terminus);
   }
 
+  if (HANDLED(percent) && HANDLED(market)) {
+    HANDLER(total_)
+      .on("?normalize",
+          "(__tmp = market(parent.total, value_date, exchange);"
+          " ((is_account & parent & __tmp) ?"
+          "   percent(scrub(market(total, value_date, exchange)), "
+          "           scrub(__tmp)) : 0))");
+  }
+
   if (HANDLED(immediate) && HANDLED(market)) {
     HANDLER(amount_)
       .on("?normalize", "market(amount_expr, value_date, exchange)");