The price is reasonable, but you will find folders with slightly better quality on a regular basis at Aldi, Lidl and Co for 90 cents. But you have to wait until these folders are on offer at the discounters, hence the difference in price of about 43 cents (+ 48%) per piece is still just to get over so if you need the folder urgently. The quality seems to the discounters folder can compete fairly.
The folders who I get are the same as this one:
[...]
Since these cost 1.75 per piece, you can certainly speak of a bargain. I suppose this is to closeouts and this is the reason for the cheaper price.
A good buy, I can not detect any differences to the up to 700% more expensive Herlitz or ring binders. If you put this folder next to it, turns out one and the same quality only to completely different prices.