The Dow is calculated by adding up the prices for each component stock and dividing the total by 0.149677. This document provides a brief explanation of how the Dow Jones Industrial Average is calculated using prices from the component stocks as of September 29, 2015. The calculation method results in a number that represents the average price of stocks in the Dow.

1. The Dow Deconstructed
To calculate the Dow, add up the prices for each component stock and divide by .149677.
Note: data as of market close on September 29, 2015