In general, no. Specific gravity refers to the density of a substance - how heavy a liter of it is. Dielectric constant refers to the response of the substance to an electric field, which depends on the chemistry of the substance. They are not physically related in any obvious way. It is possible to find two liquids with very similar densities and different dielectric constants or very similar dielectric constants and different densities.
It may be possible to find useful correlations between dielectric constant and density if you already know a lot of other information about the substances involved, as you might with beer. The nature of the correlation would probably need to be empirically determined (i.e. sample many batches of beer, measure explicitly both dielectric constant and density, and search for a correlation.)