diff --git a/lisp/ChangeLog b/lisp/ChangeLog
index ad23012e749..49c6caeceb7 100644
--- a/lisp/ChangeLog
+++ b/lisp/ChangeLog
@@ -1,3 +1,9 @@
+2013-09-03  Dmitry Gutov  <dgutov@yandex.ru>
+
+	* progmodes/ruby-mode.el (ruby-calculate-indent): Consider
+	two-character operators and whether the character preceding them
+	changes their meaning (Bug#15208).
+
 2013-09-02  Fabián Ezequiel Gallina  <fgallina@gnu.org>
 
 	Format code sent to Python shell for robustness.
diff --git a/lisp/progmodes/ruby-mode.el b/lisp/progmodes/ruby-mode.el
index 7ecd207f4dc..acc7738ae5c 100644
--- a/lisp/progmodes/ruby-mode.el
+++ b/lisp/progmodes/ruby-mode.el
@@ -137,6 +137,7 @@ This should only be called after matching against `ruby-here-doc-beg-re'."
 
 (defconst ruby-symbol-chars "a-zA-Z0-9_"
   "List of characters that symbol names may contain.")
+
 (defconst ruby-symbol-re (concat "[" ruby-symbol-chars "]")
   "Regexp to match symbols.")
 
@@ -935,6 +936,10 @@ Can be one of `heredoc', `modifier', `expr-qstr', `expr-re'."
                       (not (looking-at "[a-z_]"))))
                (and (looking-at ruby-operator-re)
                     (not (ruby-special-char-p))
+                    (save-excursion
+                      (forward-char -1)
+                      (or (not (looking-at ruby-operator-re))
+                          (not (eq (char-before) ?:))))
                     ;; Operator at the end of line.
                     (let ((c (char-after (point))))
                       (and
diff --git a/test/indent/ruby.rb b/test/indent/ruby.rb
index 853f4dbf992..af1bbb9d8ab 100644
--- a/test/indent/ruby.rb
+++ b/test/indent/ruby.rb
@@ -66,3 +66,8 @@ def test2 (arg)
 Given /toto/ do
   print "hello"
 end
+
+# Bug#15208
+if something == :==
+  do_something
+end