EnglishMuffin,
Actually, the radius of a disk would expand with your formula, however the material in a ring will behave differently.
Disregarding thickness for the time being, the thermal effect on the linear length of the perimeter of the ring changes per your formula, if you substitute your radius term for perimeter, so
DelPerim = e * Perimeter * DelT
The resulting change in the length of the perimeter will translate back into a change in radius. In this instance, with an OD of 5 inches and a thickness of 0.25 inches, we've got a nominal diameter of 4.75", and a perimeter of 14.9226". I don't know the coefficient for your particular material, but just for the sake of an example arbitrarily say
e = 5x10-6in/in/°F.
Say now we heat up the ring by 300°F, this increases the perimeter by;
DelPerim = 5x10-6in/in/°F * 14.92in * 300°F
= 0.02238"
Rounding off, the new perimeter is 14.945". The fractionally larger perimeter produces an even smaller increase in nominal diameter to 4.757".
At the same time, the thickness of your ring will also increase, that one's a little more straight forward as it's just multiplying the temperature change and coefficienty by the thickness. In the case of 0.25", the change in thickness would be 0.000375", for a total thickness of 0.250375". Given our new nominal diameter, that means a new inner and outer diameter of 4.5066" and 5.0074".