So what if the price of glove drops and there's oversupply? Is there still strong demand for gloves today and in the future? Are companies like supermax still making good profits? They even make more than tech companies with a 30 to 40 times P/E, and yet glove companies P/E is only 3 to 4 times. Is the market making any sense? Market price is based on sentiment, not on the company's fundamental value.