Shield: From the Provincial Seal of Catanduanes where the town is located.
Rising Sun: Hope and a new beginning which means that there is transformation from traditional to modernization.
Sunrays: Progress because of united efforts of townspeople for fast economic development.
Farmer & Modern Farm Implement: Farming activities in Panganiban with rice as main product; symbolize modern farming technology in the town wherein agriculture has given considerable contribution to its development.
Mountains: Town is mountainous covered with thick forests which are planted with coconut, perrenial trees, upland rice and root crops and first-class abaca which contribute to the livelihood of townspeople.
Twenty Three Gears: Twenty Three (23) Barangays that contribute to the socio-development of the town.