diff --git a/fs/proc/task_mmu.c b/fs/proc/task_mmu.c
index f427176ce2c34..67d9b406c7586 100644
--- a/fs/proc/task_mmu.c
+++ b/fs/proc/task_mmu.c
@@ -442,7 +442,7 @@ static void smaps_page_accumulate(struct mem_size_stats *mss,
 
 static void smaps_account(struct mem_size_stats *mss, struct page *page,
 		bool compound, bool young, bool dirty, bool locked,
-		bool migration)
+		bool present)
 {
 	struct folio *folio = page_folio(page);
 	int i, nr = compound ? compound_nr(page) : 1;
@@ -471,22 +471,27 @@ static void smaps_account(struct mem_size_stats *mss, struct page *page,
 	 * Then accumulate quantities that may depend on sharing, or that may
 	 * differ page-by-page.
 	 *
-	 * refcount == 1 guarantees the page is mapped exactly once.
-	 * If any subpage of the compound page mapped with PTE it would elevate
-	 * the refcount.
+	 * refcount == 1 for present entries guarantees that the folio is mapped
+	 * exactly once. For large folios this implies that exactly one
+	 * PTE/PMD/... maps (a part of) this folio.
 	 *
-	 * The page_mapcount() is called to get a snapshot of the mapcount.
-	 * Without holding the page lock this snapshot can be slightly wrong as
-	 * we cannot always read the mapcount atomically.  It is not safe to
-	 * call page_mapcount() even with PTL held if the page is not mapped,
-	 * especially for migration entries.  Treat regular migration entries
-	 * as mapcount == 1.
+	 * Treat all non-present entries (where relying on the mapcount and
+	 * refcount doesn't make sense) as "maybe shared, but not sure how
+	 * often". We treat device private entries as being fake-present.
+	 *
+	 * Note that it would not be safe to read the mapcount especially for
+	 * pages referenced by migration entries, even with the PTL held.
 	 */
-	if ((folio_ref_count(folio) == 1) || migration) {
+	if (folio_ref_count(folio) == 1 || !present) {
 		smaps_page_accumulate(mss, folio, size, size << PSS_SHIFT,
-				dirty, locked, true);
+				      dirty, locked, present);
 		return;
 	}
+	/*
+	 * The page_mapcount() is called to get a snapshot of the mapcount.
+	 * Without holding the folio lock this snapshot can be slightly wrong as
+	 * we cannot always read the mapcount atomically.
+	 */
 	for (i = 0; i < nr; i++, page++) {
 		int mapcount = page_mapcount(page);
 		unsigned long pss = PAGE_SIZE << PSS_SHIFT;
@@ -531,13 +536,14 @@ static void smaps_pte_entry(pte_t *pte, unsigned long addr,
 	struct vm_area_struct *vma = walk->vma;
 	bool locked = !!(vma->vm_flags & VM_LOCKED);
 	struct page *page = NULL;
-	bool migration = false, young = false, dirty = false;
+	bool present = false, young = false, dirty = false;
 	pte_t ptent = ptep_get(pte);
 
 	if (pte_present(ptent)) {
 		page = vm_normal_page(vma, addr, ptent);
 		young = pte_young(ptent);
 		dirty = pte_dirty(ptent);
+		present = true;
 	} else if (is_swap_pte(ptent)) {
 		swp_entry_t swpent = pte_to_swp_entry(ptent);
 
@@ -555,8 +561,8 @@ static void smaps_pte_entry(pte_t *pte, unsigned long addr,
 				mss->swap_pss += (u64)PAGE_SIZE << PSS_SHIFT;
 			}
 		} else if (is_pfn_swap_entry(swpent)) {
-			if (is_migration_entry(swpent))
-				migration = true;
+			if (is_device_private_entry(swpent))
+				present = true;
 			page = pfn_swap_entry_to_page(swpent);
 		}
 	} else {
@@ -567,7 +573,7 @@ static void smaps_pte_entry(pte_t *pte, unsigned long addr,
 	if (!page)
 		return;
 
-	smaps_account(mss, page, false, young, dirty, locked, migration);
+	smaps_account(mss, page, false, young, dirty, locked, present);
 }
 
 #ifdef CONFIG_TRANSPARENT_HUGEPAGE
@@ -578,18 +584,17 @@ static void smaps_pmd_entry(pmd_t *pmd, unsigned long addr,
 	struct vm_area_struct *vma = walk->vma;
 	bool locked = !!(vma->vm_flags & VM_LOCKED);
 	struct page *page = NULL;
+	bool present = false;
 	struct folio *folio;
-	bool migration = false;
 
 	if (pmd_present(*pmd)) {
 		page = vm_normal_page_pmd(vma, addr, *pmd);
+		present = true;
 	} else if (unlikely(thp_migration_supported() && is_swap_pmd(*pmd))) {
 		swp_entry_t entry = pmd_to_swp_entry(*pmd);
 
-		if (is_migration_entry(entry)) {
-			migration = true;
+		if (is_pfn_swap_entry(entry))
 			page = pfn_swap_entry_to_page(entry);
-		}
 	}
 	if (IS_ERR_OR_NULL(page))
 		return;
@@ -604,7 +609,7 @@ static void smaps_pmd_entry(pmd_t *pmd, unsigned long addr,
 		mss->file_thp += HPAGE_PMD_SIZE;
 
 	smaps_account(mss, page, true, pmd_young(*pmd), pmd_dirty(*pmd),
-		      locked, migration);
+		      locked, present);
 }
 #else
 static void smaps_pmd_entry(pmd_t *pmd, unsigned long addr,
@@ -732,17 +737,21 @@ static int smaps_hugetlb_range(pte_t *pte, unsigned long hmask,
 	struct vm_area_struct *vma = walk->vma;
 	pte_t ptent = huge_ptep_get(pte);
 	struct folio *folio = NULL;
+	bool present = false;
 
 	if (pte_present(ptent)) {
 		folio = page_folio(pte_page(ptent));
+		present = true;
 	} else if (is_swap_pte(ptent)) {
 		swp_entry_t swpent = pte_to_swp_entry(ptent);
 
 		if (is_pfn_swap_entry(swpent))
 			folio = pfn_swap_entry_folio(swpent);
 	}
+
 	if (folio) {
-		if (folio_likely_mapped_shared(folio) ||
+		/* We treat non-present entries as "maybe shared". */
+		if (!present || folio_likely_mapped_shared(folio) ||
 		    hugetlb_pmd_shared(pte))
 			mss->shared_hugetlb += huge_page_size(hstate_vma(vma));
 		else
