The de Broglie wavelength \( \lambda \) of a particle is given by \( \lambda = \frac{h}{p} \), where \( h \) is Planck's constant and \( p \) is the particle's momentum. Momentum is related to kinetic energy \( K \) and mass \( m \) by \( K = \frac{p^2}{2m} \), which implies \( p = \sqrt{2mK} \). Substituting this into the de Broglie wavelength equation yields \( \lambda = \frac{h}{\sqrt{2mK}} \).
Given that the kinetic energy of an alpha particle is four times that of a proton, \( K_\alpha = 4K_p \). The ratio of their de Broglie wavelengths is:
\[
\frac{\lambda_\alpha}{\lambda_p} = \frac{\frac{h}{\sqrt{2m_\alpha K_\alpha}}}{\frac{h}{\sqrt{2m_p K_p}}} = \frac{\sqrt{2m_p K_p}}{\sqrt{2m_\alpha K_\alpha}} = \frac{\sqrt{m_p K_p}}{\sqrt{m_\alpha K_\alpha}}
\]
Using the relationships \( m_\alpha = 4m_p \) and \( K_\alpha = 4K_p \):
\[
\frac{\lambda_\alpha}{\lambda_p} = \frac{\sqrt{m_p \cdot K_p}}{\sqrt{4m_p \cdot 4K_p}} = \frac{\sqrt{m_p K_p}}{\sqrt{16 m_p K_p}} = \frac{1}{4}
\]
Therefore, the ratio of the de Broglie wavelengths is \( \frac{1}{4} \), corresponding to option (C).