The transient response of PEMFC (proton exchange membrane fuel cell) is important criteria in the application of PEM fuel cell to real automotive system. In this work, using a transparent unit PEM fuel cell, the transient response and cathode flooding during load change are investigated. The cell voltage is acquired according to the current density change($0.3Acm^2$ to $0.6A/cm^2$) under various stoichiometry conditions and different flooding intensities, Also the cathode gas channel images are obtained by CCD imaging system simultaneously. The different level of undershoots appeared at the moment of load changes under different cathode stoichiometries and flooding intensities. It takes about 1s that the product water comes up onto the flow channel so that oxygen supply is temporarily blocked which causes voltage loss in that "undershoot". The correlation of the dynamic behavior with stoichiometry and cathode flooding is induced from the results of these experiments.