From Xojo Documentation
The first panel is numbered zero. If the control has been placed on a panel of a TabPanel or PagePanel control, it returns the panel number. If the control is not on a PagePanel or TabPanel, it returns -1. If you change the PanelIndex to a nonexistent panel, the control will disappear until you give it a PanelIndex value that corresponds to a panel that exists.
If you are looking to change the currently selected panel (page/tab), use PagePanel.Value.
This example displays the panel index of the control that is on the page.