diff --git a/lib/modules/manager/bundler/__snapshots__/extract.spec.ts.snap b/lib/modules/manager/bundler/__snapshots__/extract.spec.ts.snap
index 740bd04292..ebda7e682b 100644
--- a/lib/modules/manager/bundler/__snapshots__/extract.spec.ts.snap
+++ b/lib/modules/manager/bundler/__snapshots__/extract.spec.ts.snap
@@ -542,12 +542,15 @@ exports[`modules/manager/bundler/extract extractPackageFile() parse mastodon Gem
       },
     },
     {
+      "currentDigest": "54b17ba8c7d8d20a16dfc65d1775241833219cf2",
       "currentValue": "'~> 0.6'",
-      "datasource": "rubygems",
+      "datasource": "git-refs",
       "depName": "http_parser.rb",
       "managerData": {
         "lineNumber": 57,
       },
+      "packageName": "https://github.com/tmm1/http_parser.rb",
+      "sourceUrl": "https://github.com/tmm1/http_parser.rb",
     },
     {
       "currentValue": "'~> 1.3'",
diff --git a/lib/modules/manager/bundler/extract.spec.ts b/lib/modules/manager/bundler/extract.spec.ts
index 78ae44e63f..2fcb2bc85a 100644
--- a/lib/modules/manager/bundler/extract.spec.ts
+++ b/lib/modules/manager/bundler/extract.spec.ts
@@ -171,14 +171,21 @@ describe('modules/manager/bundler/extract', () => {
   it('parses inline source in Gemfile', async () => {
     const sourceInlineGemfile = codeBlock`
       baz = 'https://gems.baz.com'
+      gem 'inline_gem'
       gem "inline_source_gem", source: 'https://gems.foo.com'
       gem 'inline_source_gem_with_version', "~> 1", source: 'https://gems.bar.com'
       gem 'inline_source_gem_with_variable_source', source: baz
+      gem "inline_source_gem_with_require_after", source: 'https://gems.foo.com', require: %w[inline_source_gem]
+      gem "inline_source_gem_with_require_before", require: %w[inline_source_gem], source: 'https://gems.foo.com'
+      gem "inline_source_gem_with_group_before", group: :production, source: 'https://gems.foo.com'
       `;
     fs.readLocalFile.mockResolvedValueOnce(sourceInlineGemfile);
     const res = await extractPackageFile(sourceInlineGemfile, 'Gemfile');
     expect(res).toMatchObject({
       deps: [
+        {
+          depName: 'inline_gem',
+        },
         {
           depName: 'inline_source_gem',
           registryUrls: ['https://gems.foo.com'],
@@ -192,6 +199,18 @@ describe('modules/manager/bundler/extract', () => {
           depName: 'inline_source_gem_with_variable_source',
           registryUrls: ['https://gems.baz.com'],
         },
+        {
+          depName: 'inline_source_gem_with_require_after',
+          registryUrls: ['https://gems.foo.com'],
+        },
+        {
+          depName: 'inline_source_gem_with_require_before',
+          registryUrls: ['https://gems.foo.com'],
+        },
+        {
+          depName: 'inline_source_gem_with_group_before',
+          registryUrls: ['https://gems.foo.com'],
+        },
       ],
     });
   });
@@ -231,4 +250,29 @@ describe('modules/manager/bundler/extract', () => {
       ],
     });
   });
+
+  it('parses multiple current values Gemfile', async () => {
+    const multipleValuesGemfile = codeBlock`
+      gem 'gem_without_values'
+      gem 'gem_with_one_value', ">= 3.0.5"
+      gem 'gem_with_multiple_values', ">= 3.0.5", "< 3.2"
+    `;
+    fs.readLocalFile.mockResolvedValueOnce(multipleValuesGemfile);
+    const res = await extractPackageFile(multipleValuesGemfile, 'Gemfile');
+    expect(res).toMatchObject({
+      deps: [
+        {
+          depName: 'gem_without_values',
+        },
+        {
+          depName: 'gem_with_one_value',
+          currentValue: '">= 3.0.5"',
+        },
+        {
+          depName: 'gem_with_multiple_values',
+          currentValue: '">= 3.0.5", "< 3.2"',
+        },
+      ],
+    });
+  });
 });
diff --git a/lib/modules/manager/bundler/extract.ts b/lib/modules/manager/bundler/extract.ts
index 2ae134a75c..72407254af 100644
--- a/lib/modules/manager/bundler/extract.ts
+++ b/lib/modules/manager/bundler/extract.ts
@@ -16,11 +16,14 @@ function formatContent(input: string): string {
 const variableMatchRegex = regEx(
   `^(?<key>\\w+)\\s*=\\s*['"](?<value>[^'"]+)['"]`,
 );
-const gemGitRefsMatchRegex = regEx(
-  `^\\s*gem\\s+(['"])(?<depName>[^'"]+)['"]((\\s*,\\s*git:\\s*['"](?<gitUrl>[^'"]+)['"])|(\\s*,\\s*github:\\s*['"](?<repoName>[^'"]+)['"]))(\\s*,\\s*branch:\\s*['"](?<branchName>[^'"]+)['"])?(\\s*,\\s*ref:\\s*['"](?<refName>[^'"]+)['"])?(\\s*,\\s*tag:\\s*['"](?<tagName>[^'"]+)['"])?`,
-);
 const gemMatchRegex = regEx(
-  `^\\s*gem\\s+(['"])(?<depName>[^'"]+)(['"])(\\s*,\\s*(?<currentValue>(['"])[^'"]+['"](\\s*,\\s*['"][^'"]+['"])?))?(\\s*,\\s*source:\\s*(['"](?<registryUrl>[^'"]+)['"]|(?<sourceName>[^'"]+)))?`,
+  `^\\s*gem\\s+(['"])(?<depName>[^'"]+)(['"])(\\s*,\\s*(?<currentValue>(['"])[^'"]+['"](\\s*,\\s*['"][^'"]+['"])?))?`,
+);
+const sourceMatchRegex = regEx(
+  `source:\\s*(['"](?<registryUrl>[^'"]+)['"]|(?<sourceName>[^'"]+))?`,
+);
+const gitRefsMatchRegex = regEx(
+  `((git:\\s*['"](?<gitUrl>[^'"]+)['"])|(\\s*,\\s*github:\\s*['"](?<repoName>[^'"]+)['"]))(\\s*,\\s*branch:\\s*['"](?<branchName>[^'"]+)['"])?(\\s*,\\s*ref:\\s*['"](?<refName>[^'"]+)['"])?(\\s*,\\s*tag:\\s*['"](?<tagName>[^'"]+)['"])?`,
 );
 
 export async function extractPackageFile(
@@ -132,49 +135,51 @@ export async function extractPackageFile(
       }
     }
 
-    const gemGitRefsMatch = gemGitRefsMatchRegex.exec(line)?.groups;
     const gemMatch = gemMatchRegex.exec(line)?.groups;
 
-    if (gemGitRefsMatch) {
-      const dep: PackageDependency = {
-        depName: gemGitRefsMatch.depName,
-        managerData: { lineNumber },
-      };
-      if (gemGitRefsMatch.gitUrl) {
-        const gitUrl = gemGitRefsMatch.gitUrl;
-        dep.packageName = gitUrl;
-
-        if (gitUrl.startsWith('https://')) {
-          dep.sourceUrl = gitUrl.replace(/\.git$/, '');
-        }
-      } else if (gemGitRefsMatch.repoName) {
-        dep.packageName = `https://github.com/${gemGitRefsMatch.repoName}`;
-        dep.sourceUrl = dep.packageName;
-      }
-      if (gemGitRefsMatch.refName) {
-        dep.currentDigest = gemGitRefsMatch.refName;
-      } else if (gemGitRefsMatch.branchName) {
-        dep.currentValue = gemGitRefsMatch.branchName;
-      } else if (gemGitRefsMatch.tagName) {
-        dep.currentValue = gemGitRefsMatch.tagName;
-      }
-      dep.datasource = GitRefsDatasource.id;
-      res.deps.push(dep);
-    } else if (gemMatch) {
+    if (gemMatch) {
       const dep: PackageDependency = {
         depName: gemMatch.depName,
         managerData: { lineNumber },
+        datasource: RubygemsDatasource.id,
       };
+
       if (gemMatch.currentValue) {
         const currentValue = gemMatch.currentValue;
         dep.currentValue = currentValue;
       }
-      if (gemMatch.registryUrl) {
-        dep.registryUrls = [gemMatch.registryUrl];
-      } else if (gemMatch.sourceName) {
-        dep.registryUrls = [variables[gemMatch.sourceName]];
+
+      const sourceMatch = sourceMatchRegex.exec(line)?.groups;
+      if (sourceMatch) {
+        if (sourceMatch.registryUrl) {
+          dep.registryUrls = [sourceMatch.registryUrl];
+        } else if (sourceMatch.sourceName) {
+          dep.registryUrls = [variables[sourceMatch.sourceName]];
+        }
+      }
+
+      const gitRefsMatch = gitRefsMatchRegex.exec(line)?.groups;
+      if (gitRefsMatch) {
+        if (gitRefsMatch.gitUrl) {
+          const gitUrl = gitRefsMatch.gitUrl;
+          dep.packageName = gitUrl;
+
+          if (gitUrl.startsWith('https://')) {
+            dep.sourceUrl = gitUrl.replace(/\.git$/, '');
+          }
+        } else if (gitRefsMatch.repoName) {
+          dep.packageName = `https://github.com/${gitRefsMatch.repoName}`;
+          dep.sourceUrl = dep.packageName;
+        }
+        if (gitRefsMatch.refName) {
+          dep.currentDigest = gitRefsMatch.refName;
+        } else if (gitRefsMatch.branchName) {
+          dep.currentValue = gitRefsMatch.branchName;
+        } else if (gitRefsMatch.tagName) {
+          dep.currentValue = gitRefsMatch.tagName;
+        }
+        dep.datasource = GitRefsDatasource.id;
       }
-      dep.datasource = RubygemsDatasource.id;
       res.deps.push(dep);
     }