The process is thermally insulated, hence it is adiabatic.
For an adiabatic process, the relationship between pressure and volume is expressed as:
\[P_1 V_1^\gamma = P_2 V_2^\gamma\]
where \( \gamma = \frac{C_P}{C_V} = \frac{5}{3} \) for a monoatomic gas.
Let \( P_1 \) and \( P_2 \) represent the initial and final pressures, and \( V_1 \) and \( V_2 \) represent the initial and final volumes, respectively.
The final volume is given as \( \frac{1}{8} \) of the initial volume:
\[V_2 = \frac{1}{8} V_1\]
Applying the adiabatic relation:
\[P_1 V_1^\gamma = P_2 \left(\frac{1}{8} V_1\right)^\gamma\]
Simplification yields:
\[P_2 = P_1 \times 8^\gamma = P_1 \times 8^{\frac{5}{3}}\]
Given that \( 8^{\frac{5}{3}} = 8 \), the equation becomes:
\[P_2 = 8 P_1\]
Therefore, the ratio of the final pressure to the initial pressure is \( \frac{P_2}{P_1} = 8 \).