I think it's always problematic to use a well-known formula sign like C or Y for a different quantity like characteristic or "distributed" capacitance. It would prefer a sign like δC or C'. But I see that some textbooks are using this ambiguous symbols.
Technically, the formula has the right unit. Presumed that ε really means permittivity and not a second equivocal quantity, there is a geometry factor linking ε and C'. In case of a coaxial line, you get
C' = 2 pi ε/ln(ro/ri)
so the geometry factor is 2 pi/ln(ro/ri).