Based on the results that the magnitude of the stabilization of retain
ed austenite increases with increasing the amount of martensite transf
ormed, it has been assumed that the martensitic transformation is acco
mpanied with an increase in internal resisting stress which subsequent
ly results in the stabilization of retained austenite. By simplifying
this internal resisting stress to be a type of hydrostatic compressive
stress acting on retained austenite due to surrounding martensite pla
tes, a thermodynamical analysis for an isothermal martensitic transfor
mation under applied hydrostatic pressure has been performed. The calc
ulated results, to some extent, show a good agreement with the experim
ental data.