the relation falls apart at zero airspeed by virtue of dividing by zero
With props, thrust is affected by airspeed, but it is important to realize engine power output only works against the drag of spinning the propeller (and of course its own internal friction).
Engine Brake Horsepower = prop Drag torque/time
The thrust output of the propeller depends on the amount of air mass accelerated and it's angle of attack to the relative wind and its coefficient of lift (as an airfoil).
this is known as prop efficiency
Props are a bit more of an art because, while they lose efficiency as airspeed increases from an air mass acceleration view, efficiency greatly increases if the prop blade angle of attack is properly aligned with the relative wind.
Prop propulsors generate thrust far more efficiently as spinning airfoils than they do as mass movers. This is why variable pitch prop blades enable much higher airspeeds.
In summary, the power output of an engine is only related to its fuel burn. The load on the engine is prop drag. No need to lose your mind with division by zero.
thrust is derived by multiplying in the efficiency factor, which can be positive, zero, or negative (reverse thrust)
Finally, it is important to consider whether or not the given situation is transient or steady state. Unless brakes are applied, an aircraft generating thrust will begin accelerating until thrust = drag.