Can you apply too much CPES?

I just finished my third coat on my weekender project and it is going farther than I thought. I have enough for at least one more coat and maybe part of another. Every coat goes on quicker as it soaks in and makes a sheen. Will it hurt anything to go ahead and apply the fourth coat and maybe with what is left after that a fifth coat on all the end grain? I'll be applying a Valspar tractor paint system for my top coats after I fiberglass the edges.
Larry S.
Larry S.