Dynamic Recrystallization, DRX, behaviour of a precipitation hardened, PH, stainless steel was studied in connection with microstructural developments in a compression test, The experimental results showed that the dominant mechanism of softening is DRX, but at high strain rates and low temperatures,, high Zener-Holman parameter, Z. work hardening and Dynamic recovery, DRV, produced a pancked structure. When Z values decreased, the flow curves displayed DRX in two ways: single peak behavior observed at low Z values and multiple peak behavior at the lowest ones. In addition, the peak strain, ep, necessary for DRX is also determined as a function of peak , Stress sp, and Z. according to the observed and calculated data, at low sp values, ep is directly proportional to sp while in higher sp p values, ep rarely depends on it. Besides, ep expotenentially depends on Z.