Consider the probability $p$ of an event in the full population, and the probability $p_0$ of the same event for a subset of the population. In other words, $p_0$ is a conditional probability (conditioned on belonging to that subset).
As an example, $p$ may be the probability of having a disease, and $p_0$ may be the probability of having that desease for people of a certain ethnicity.
To clarify, $p_0/p$ is akin to relative risk, but not the same. Relative risk would be $p_0/p_1$, where $p_1$ is the probability of having a disease for people that are not of the considered ethnicity. At least that's how I've always seen relative risk defined.
Does the ratio $p_0/p$ have a name? Is there an application field or a specific setting where $p_0/p$ is typically used?