Step 1: Recall Terzaghi's bearing capacity equation.
For purely cohesionless soil ($c = 0$):
\[
q_{ult} = \gamma D_f N_q + 0.5 \gamma B N_\gamma s_\gamma,
\]
where $s_\gamma$ is the shape factor.
Step 2: Shape factors.
- For square footing: $s_\gamma = 1.3$.
- For circular footing: $s_\gamma = 1.3 \times 1.3 \approx 1.65$.
Step 3: Ratio of bearing capacities.
Since $B$ and $\gamma$ are the same, ratio depends on shape factor only:
\[
\frac{q_{ult}(\text{circular})}{q_{ult}(\text{square})} = \frac{1.65}{1.3} \approx 1.27 \approx 1.3.
\]
Step 4: Conclusion.
Thus, the ratio is approximately 1.3.