diff --git a/sbin/pfctl/parse.y b/sbin/pfctl/parse.y
--- a/sbin/pfctl/parse.y
+++ b/sbin/pfctl/parse.y
@@ -1276,7 +1276,14 @@
 
 			memset(&r, 0, sizeof(r));
 			if (pf->eastack[pf->asd + 1]) {
-				/* move inline rules into relative location */
+				if ($3 && strchr($3, '/') != NULL) {
+					free($3);
+					yyerror("anchor paths containing '/' "
+					   "cannot be used for inline anchors.");
+					YYERROR;
+				}
+
+				/* Move inline rules into relative location. */
 				pfctl_eth_anchor_setup(pf, &r,
 				    &pf->eastack[pf->asd]->ruleset,
 				    $3 ? $3 : pf->ealast->name);
diff --git a/sbin/pfctl/pfctl.c b/sbin/pfctl/pfctl.c
--- a/sbin/pfctl/pfctl.c
+++ b/sbin/pfctl/pfctl.c
@@ -99,7 +99,7 @@
 	    char *);
 void	 pfctl_print_eth_rule_counters(struct pfctl_eth_rule *, int);
 void	 pfctl_print_rule_counters(struct pfctl_rule *, int);
-int	 pfctl_show_eth_rules(int, char *, int, enum pfctl_show, char *, int);
+int	 pfctl_show_eth_rules(int, char *, int, enum pfctl_show, char *, int, int);
 int	 pfctl_show_rules(int, char *, int, enum pfctl_show, char *, int, int);
 int	 pfctl_show_nat(int, char *, int, char *, int);
 int	 pfctl_show_src_nodes(int, int);
@@ -1091,20 +1091,73 @@
 
 int
 pfctl_show_eth_rules(int dev, char *path, int opts, enum pfctl_show format,
-    char *anchorname, int depth)
+    char *anchorname, int depth, int wildcard)
 {
 	char anchor_call[MAXPATHLEN];
 	struct pfctl_eth_rules_info info;
 	struct pfctl_eth_rule rule;
+	int brace;
 	int dotitle = opts & PF_OPT_SHOWALL;
 	int len = strlen(path);
-	int brace;
-	char *p;
+	char *npath, *p;
 
-	if (path[0])
-		snprintf(&path[len], MAXPATHLEN - len, "/%s", anchorname);
-	else
-		snprintf(&path[len], MAXPATHLEN - len, "%s", anchorname);
+	/*
+	 * Truncate a trailing / and * on an anchorname before searching for
+	 * the ruleset, this is syntactic sugar that doesn't actually make it
+	 * to the kernel.
+	 */
+	if ((p = strrchr(anchorname, '/')) != NULL &&
+			p[1] == '*' && p[2] == '\0') {
+		p[0] = '\0';
+	}
+
+	if (anchorname[0] == '/') {
+		if ((npath = calloc(1, MAXPATHLEN)) == NULL)
+			errx(1, "pfctl_rules: calloc");
+		snprintf(npath, MAXPATHLEN, "%s", anchorname);
+	} else {
+		if (path[0])
+			snprintf(&path[len], MAXPATHLEN - len, "/%s", anchorname);
+		else
+			snprintf(&path[len], MAXPATHLEN - len, "%s", anchorname);
+		npath = path;
+	}
+
+	/*
+	 * If this anchor was called with a wildcard path, go through
+	 * the rulesets in the anchor rather than the rules.
+	 */
+	if (wildcard && (opts & PF_OPT_RECURSE)) {
+		struct pfctl_eth_rulesets_info	ri;
+		u_int32_t                mnr, nr;
+
+		if (pfctl_get_eth_rulesets_info(dev, &ri, npath)) {
+			if (errno == EINVAL) {
+				fprintf(stderr, "Anchor '%s' "
+						"not found.\n", anchorname);
+			} else {
+				warn("DIOCGETETHRULESETS");
+				return (-1);
+			}
+		}
+		mnr = ri.nr;
+
+		pfctl_print_eth_rule_counters(&rule, opts);
+		for (nr = 0; nr < mnr; ++nr) {
+			struct pfctl_eth_ruleset_info	rs;
+
+			if (pfctl_get_eth_ruleset(dev, npath, nr, &rs))
+				err(1, "DIOCGETETHRULESET");
+			INDENT(depth, !(opts & PF_OPT_VERBOSE));
+			printf("anchor \"%s\" all {\n", rs.name);
+			pfctl_show_eth_rules(dev, npath, opts,
+					format, rs.name, depth + 1, 0);
+			INDENT(depth, !(opts & PF_OPT_VERBOSE));
+			printf("}\n");
+		}
+		path[len] = '\0';
+		return (0);
+	}
 
 	if (pfctl_get_eth_rules_info(dev, &info, path)) {
 		warn("DIOCGETETHRULES");
@@ -1141,7 +1194,7 @@
 		pfctl_print_eth_rule_counters(&rule, opts);
 		if (brace) {
 			pfctl_show_eth_rules(dev, path, opts, format,
-			    p, depth + 1);
+			    p, depth + 1, rule.anchor_wildcard);
 			INDENT(depth, !(opts & PF_OPT_VERBOSE));
 			printf("}\n");
 		}
@@ -2988,13 +3041,15 @@
 			pfctl_show_limits(dev, opts);
 			break;
 		case 'e':
-			pfctl_show_eth_rules(dev, path, opts, 0, anchorname, 0);
+			pfctl_show_eth_rules(dev, path, opts, 0, anchorname, 0,
+			    0);
 			break;
 		case 'a':
 			opts |= PF_OPT_SHOWALL;
 			pfctl_load_fingerprints(dev, opts);
 
-			pfctl_show_eth_rules(dev, path, opts, 0, anchorname, 0);
+			pfctl_show_eth_rules(dev, path, opts, 0, anchorname, 0,
+			    0);
 
 			pfctl_show_nat(dev, path, opts, anchorname, 0);
 			pfctl_show_rules(dev, path, opts, 0, anchorname, 0, 0);
@@ -3023,7 +3078,7 @@
 
 	if ((opts & PF_OPT_CLRRULECTRS) && showopt == NULL) {
 		pfctl_show_eth_rules(dev, path, opts, PFCTL_SHOW_NOTHING,
-		    anchorname, 0);
+		    anchorname, 0, 0);
 		pfctl_show_rules(dev, path, opts, PFCTL_SHOW_NOTHING,
 		    anchorname, 0, 0);
 	}