(4) is a dimensionless term that provides a measure of (i) the sharpness (S) of resonance the circuit and (ii) the quality factor (Q) of the circuit
For a series LCR circuit, the sharpness of resonance (S), the quality factor (Q) and the voltage magnification, at resonance, are all measureing through the term \(\frac{ω_0L}{R}\). The resonant frequency ω0 , being equal to 1/LC, this term is equivalent to the term \(\frac{1}{R}\sqrt{\frac{L}{C}}.\)
This term is a dimensionless term (because ω0L as well as R both have the dimensions of impedance). (The power factor, of the circuit, at resonance, equals 1; it is not equal to this term).