diff --git a/spring-cloud-zookeeper-discovery/src/main/java/org/springframework/cloud/zookeeper/discovery/dependency/StubsConfiguration.java b/spring-cloud-zookeeper-discovery/src/main/java/org/springframework/cloud/zookeeper/discovery/dependency/StubsConfiguration.java
index 6d874b00..234ac70e 100644
--- a/spring-cloud-zookeeper-discovery/src/main/java/org/springframework/cloud/zookeeper/discovery/dependency/StubsConfiguration.java
+++ b/spring-cloud-zookeeper-discovery/src/main/java/org/springframework/cloud/zookeeper/discovery/dependency/StubsConfiguration.java
@@ -1,6 +1,7 @@
 package org.springframework.cloud.zookeeper.discovery.dependency;
 
 import java.util.Arrays;
+import java.util.LinkedList;
 
 import org.springframework.util.StringUtils;
 
@@ -26,20 +27,20 @@ public class StubsConfiguration {
 	}
 
 	public StubsConfiguration(String stubPath) {
-		String[] parsedPath = parsedPathEmptyByDefault(stubPath, STUB_COLON_DELIMITER);
+		String[] parsedPath = parsedStubPathEmptyByDefault(stubPath, STUB_COLON_DELIMITER);
 		this.stubsGroupId = parsedPath[0];
 		this.stubsArtifactId = parsedPath[1];
 		this.stubsClassifier = parsedPath[2];
 	}
 
 	public StubsConfiguration(DependencyPath path) {
-		String[] parsedPath = parsedPathEmptyByDefault(path.getPath(), PATH_SLASH_DELIMITER);
+		String[] parsedPath = parsedDependencyPathEmptyByDefault(path.getPath(), PATH_SLASH_DELIMITER);
 		this.stubsGroupId = parsedPath[0];
 		this.stubsArtifactId = parsedPath[1];
 		this.stubsClassifier = parsedPath[2];
 	}
 
-	private String[] parsedPathEmptyByDefault(String path, String delimiter) {
+	private String[] parsedStubPathEmptyByDefault(String path, String delimiter) {
 		String[] splitPath = path.split(delimiter);
 		String stubsGroupId = "";
 		String stubsArtifactId = "";
@@ -52,6 +53,22 @@ public class StubsConfiguration {
 		return new String[]{stubsGroupId, stubsArtifactId, stubsClassifier};
 	}
 
+	private String[] parsedDependencyPathEmptyByDefault(String path, String delimiter) {
+		String trimmedPath = path.startsWith(delimiter) ? path.substring(1) : path;
+		String[] splitPath = trimmedPath.split(delimiter);
+		String stubsGroupId = "";
+		String stubsArtifactId = "";
+		String stubsClassifier = "";
+		if (splitPath.length >= 2) {
+			LinkedList<String> list = new LinkedList<>(Arrays.asList(splitPath));
+			String lastElement = list.removeLast();
+			stubsGroupId = StringUtils.collectionToDelimitedString(list, ".");
+			stubsArtifactId = lastElement;
+			stubsClassifier = DEFAULT_STUBS_CLASSIFIER;
+		}
+		return new String[]{stubsGroupId, stubsArtifactId, stubsClassifier};
+	}
+
 	private boolean isDefined() {
 		return StringUtils.hasText(this.stubsGroupId) && StringUtils.hasText(this.stubsArtifactId);
 	}
diff --git a/spring-cloud-zookeeper-discovery/src/test/java/org/springframework/cloud/zookeeper/discovery/dependency/ZookeeperDiscoveryWithDependenciesIntegrationTests.java b/spring-cloud-zookeeper-discovery/src/test/java/org/springframework/cloud/zookeeper/discovery/dependency/ZookeeperDiscoveryWithDependenciesIntegrationTests.java
index db96f77d..c523d357 100644
--- a/spring-cloud-zookeeper-discovery/src/test/java/org/springframework/cloud/zookeeper/discovery/dependency/ZookeeperDiscoveryWithDependenciesIntegrationTests.java
+++ b/spring-cloud-zookeeper-discovery/src/test/java/org/springframework/cloud/zookeeper/discovery/dependency/ZookeeperDiscoveryWithDependenciesIntegrationTests.java
@@ -145,6 +145,16 @@ public class ZookeeperDiscoveryWithDependenciesIntegrationTests {
 		then(dependency.getPath()).isEqualTo("/myPath");
 	}
 
+	// #138
+	@Test public void should_parse_dependency_with_path() {
+		// given:
+		StubsConfiguration someServiceStub = this.zookeeperDependencies.getDependencyForAlias("some-service").getStubsConfiguration();
+		// expect:
+		then(someServiceStub.getStubsGroupId()).isEqualTo("io.company.department");
+		then(someServiceStub.getStubsArtifactId()).isEqualTo("some-service");
+		then(someServiceStub.getStubsClassifier()).isEqualTo("stubs");
+	}
+
 	private boolean callingServiceAtBeansEndpointIsNotEmpty() {
 		return !this.testRibbonClient.callService("someAlias", "beans").isEmpty();
 	}
diff --git a/spring-cloud-zookeeper-discovery/src/test/resources/application-dependencies.yml b/spring-cloud-zookeeper-discovery/src/test/resources/application-dependencies.yml
index 3419b1bd..dcb05d91 100644
--- a/spring-cloud-zookeeper-discovery/src/test/resources/application-dependencies.yml
+++ b/spring-cloud-zookeeper-discovery/src/test/resources/application-dependencies.yml
@@ -21,3 +21,5 @@ spring.cloud.zookeeper:
       required: false
     aliasIsPath: ''
     anotherAlias: 'myPath'
+    some-service:
+      path: io/company/department/some-service